Helping Businesses Thrive: How the CBIL Scheme could help your business grow and adapt
10th September 2020, 10:10 am
White Oak in partnership with pro-manchester invites you to a virtual panel discussion.
On: Friday 18th September | Start time: 11:30 | Close time: 12:15
- Andy Davies, Managing Director of Leases and Loans, White Oak
- Sue Barnard, North West Manager, British Business Bank
- As well as two local businesses who have accessed finance through the CBIL Scheme
Sam Booth, Chief Executive, pro-manchester
With the 30th September deadline for new applicants to the CBIL Scheme fast-approaching, this virtual panel discussion will be an opportunity to hear about why the Government’s Coronavirus Business Interruption Loan Scheme is a suitable and attractive offering for businesses looking to accessing finance to support their COVID-19 recovery.
The panel will discuss the benefits and flexibility of the CBIL Scheme, how it can help businesses expand and grow, and whether a loan could be right for you. The event will include discussion on the future of business financing and how lenders can continue to help businesses thrive over the coming months and years.
The panel brings together leading voices from across the financial services sector and includes two local businesses that have accessed finance through the CBIL Scheme and who will share their experience in applying.
During the event there will be a Q&A but we encourage questions to be submitted in advance via email to CBILSquestions@tceg.com
All attendees will be required to register in advance in order to gain access to the panel discussion and we recommend prompt registration. To register, please click on the link below:
The Coronavirus Business Interruption Loan Scheme (CBILS), delivered through British Business Bank accredited lenders and partners, is designed to support the continued provision of finance to UK smaller businesses (SMEs) during the Covid-19 outbreak. The scheme enables lenders to provide facilities of up to £5m to smaller businesses across the UK who are experiencing lost or deferred revenues, leading to disruptions to their cashflow. It supports a wide range of business finance products, including term loans, overdrafts, invoice finance and asset finance facilities. Please note that for term loans and overdrafts, the minimum amount a lender can offer under CBILS is £50,001.
About White Oak
White Oak has been lending to UK businesses since 1986 through the former LDF Group which was acquired in 2018 by White Oak
Global Advisors, LLC, on behalf of its institutional clients. The organisation provides business loans, equipment finance and asset-based
lending solutions to SMEs and mid-corporate clients across the UK.