Ebury CBILS funding

Apply for CBILS credit through Ebury to fund your international trade

What is the CBILS?

The Coronavirus Business Interruption Loan Scheme (CBILS) provides financial support to smaller businesses (SMEs) across the UK that are seeing their cash flow disrupted as a result of the COVID-19 outbreak. Companies can receive support through Ebury's trade finance on lines up to £5m dependent on certain criteria. As a BBB accredited lender, these trade finance loans are guaranteed by the British Business Bank under the CBILS. Please click below to find out more about trade finance with Ebury.

Which companies can apply?

The CBILS is designed to support businesses who meet the following criteria:

Here’s a quick checklist provided by the BBB to help you understand if you may be eligible for a CBILS backed facility.

Checklist

Turnover of no more than £45m in 2019

Less than 250 employees

UK-based in its business activity

Generates more than 50% of its turnover from trading activity

Company can certify it has been negatively impacted by the coronavirus pandemic

Have a borrowing proposal which Ebury would consider viable, were it not for the current pandemic

Not have been classed as a “business in difficulty”* on 31 December 2019

Excluded Sectors: Banks, insurers and reinsurers (but not insurance brokers), Public-sector bodies, State-funded primary and secondary schools

*What is a Business in Difficulty?

This includes businesses that as of 31 December 2019 met one or more of the listed criteria

had accumulated losses greater than half of their subscribed share capital (for limited liability companies) or capital (for unlimited liability companies);

had entered into collective insolvency proceedings or fulfilled the criteria to be put into collective insolvency proceedings;

had previously received rescue aid that was yet to be reimbursed or (in the case of a guarantee, terminated);

had received restructuring aid and were still under a restructuring plan; or had (where that business is not an SME) fallen below solvency ratios for the previous two years.

Need more information?

The BBB website has information for SMEs looking to apply for the scheme as well as FAQs. Alternatively you can speak to our team if you would like to apply for access to the CBILS with Ebury, or would like to find out more general information, please get in touch with our team today.

Covid-19 Resource Hub

Here you will find resources, links and information that small and medium sized businesses may find useful to help navigate the coronavirus pandemic including information about UK Government support schemes for small and medium-sized businesses.

The Coronavirus Business Interruption Loan Scheme (CBILS) is managed by the British Business Bank on behalf of, and with the financial backing of, the Secretary of State for Business, Energy & Industrial Strategy. British Business Bank plc is a development bank wholly owned by HM Government. It is not authorised or regulated by the PRA or the FCA. Visit www.british-business-bank.co.uk. Full details on CBILS and the list of participating CBILS lenders can be found on the British Business Bank website at: www.british-business-bank.co.uk/CBILS