Term Loans & Overdrafts (including CBILS)

Cashflow.co.uk helps its clients secure new business term loans and business overdraft facilities.

In order to secure such borrowing facilities our team of Accountants will prepare on a business’s behalf an integrated Profit & Loss, Balance Sheet and Cash Flow Forecast model to support their application to their lender, which will help determine the optimum amount of funding to be applied for.

We challenge their assumptions regarding their likely forecast income and costs over the period of the loan being applied for and act as an independent sense check on the viability of their business funding proposal.

CBILS – Coronavirus Business Interruption Loan Scheme (CBILS)

Since March 2020, the UK government has offered support to businesses affected by the coronavirus pandemic. Cashflow.co.uk has successfully helped its clients secure millions of pounds of such funding.

We support businesses in their applications for CBILS funding by preparing an integrated financial model, as well as helping them prove and demonstrate that their business was a viable business entity prior to the coronavirus pandemic hitting. We will also help them show that were it not for the pandemic that it would have continued to remain a viable entity and as such is a candidate for financial support from the UK Government.

To be eligible for a CBILS facility, a business must meet the following criteria:

  • Be UK based generating turnover of no more than £45m per year.
  • Have a borrowing proposal which, were it not for the effects of Coronavirus on its business activities, would have been considered viable by the lender.
  • Be able to self-certify that it has been adversely impacted by the Coronavirus (COVID-19).
  • Larger businesses with a turnover between £45m and £500m are eligible for direct government support for loans of up to £50m.

For further assistance and help in securing term loan and overdraft funding (including CBILS facilities) call 01423 423 042.

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