Coronavirus Business Interruption Loan Scheme

Coronavirus Business Interruption Loan Scheme

This scheme helps small and medium-sized businesses affected by coronavirus (COVID-19) to access finance of up to £5 million.

The Coronavirus Business Interruption Loan Scheme (CBILS) supports small and medium-sized businesses, with an annual turnover of up to £45 million, to access loans, overdrafts, invoice finance and asset finance of up to £5 million for up to 6 years.

The government will also make a Business Interruption Payment to cover the first 12 months of interest payments and any lender-levied fees. This means smaller businesses will benefit from no upfront costs and lower initial repayments.

The government will provide lenders with a guarantee of 80% on each loan (subject to pre-lender cap on claims) to give lenders further confidence in continuing to provide finance to small and medium-sized businesses.

The scheme is delivered through commercial lenders, backed by the government-owned British Business Bank.

There are 40 accredited lenders able to offer the scheme, including all the major banks.

In Chester these are:

Barclays 30 St Werburgh Street, Chester CH1 2DY 0800 1971 0863 between 8am and 8pm Monday to Friday.


Co-Operative Bank 54-56 Northgate Street, Chester, CH1 2HT 03457 212 212 8am – 6pm, Monday to Friday and 9am to 5pm on Saturdays and Sundays


HSBC 47 Eastgate Street, Chester CH1 1XW 08000 121 614


Lloyds Bank 8 Foregate Street, Chester CH1 1XP Eligibility check online


NatWest 33 Eastgate Street, Chester CH1 1XA Eligibility check online


RBS 15 Foregate Street, Chester CH1 1HD Eligibility check online


Santander 59 Foregate Street, Chester CH1 1YQ Eligibility check online


TSB 4 Eastgate Row South, Chester CH1 1LF


Published 20 April 2020