With this scheme shortly about to end, it is essential that if you wish to access the funding, you begin the process as soon as possible.

You can apply for this either directly through your bank or if you wish, you can apply to a number of lenders via the funding section on our website which you can access here: –

https://www.mphaccountants.co.uk/funding

This is an easy and simple way to access multiple lenders in the market.The initial funding search only takes 5 minutes and there are only soft searches done. It will make it clear at what stage a full search will be made

There are a number of products available under CBILS with a range of benefits such as no repayments for the first 12 months, all fees covered by the Government, no interest on borrowing for the first 12 months. The maximum amount you can borrow is 25% of your turnover, however, multiple loans of up to £250,000 can be taken from different providers without the need for personal guarantees.

The deadline is fast approaching so please do not hesitate to contact us if you need any assistance with this.

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