The Asset Finance & Leasing Specialists

First Capital Finance specialise in the provision of competitive finance and leasing facilities for Business and Schools in the South of England and beyond

The CBILs deadline has been extended to 30th November!

Posted by David Mogg, Director

Have you been considering funding to acquire new business equipment, consolidate debts accrued during the pandemic, or freeing up some cashflow?  If yes, then you need to act now!

Many of our customers are benefiting from the government’s Coronavirus Business Interruption Loan Scheme (CBILS) which provides 80% government guaranteed loans up to £750,000, with 12 months interest free! The CBILS commercial loans and some asset finance packages also allow a full 12 month payment holiday – helping to ease businesses cash-flow.

The Government have extended the deadline – you can now apply up to 30th November.

If you are unsure of which funding option is right for you – give us a call and talk to one of our team.  They can take you through the features of each to help you choose the right option for your business and then prepare your application to ensure you stand the best possible chance of securing the finance you need.

If you don’t need finance immediately, but have plans for new equipment in the next six months, you can apply now to secure the 12 months interest free feature and defer drawing-down the funding until March 2021. Just ask us for more details.

Don’t miss this opportunity for Government backed support, give us a call today.

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