Status of Lending in the UK

Posted by Oliver Cummings, Commercial Director, Capitalise on Apr 2, 2020 5:16:33 PM

Now, more than ever, businesses are seeking financial support. Here we will keep you updated on the changing UK lending market.

With over 360 lenders in the UK, only 40 can offer the Coronavirus Business Interruption Loan Scheme (CBILS), this update takes a closer look at the non-CBILS lenders.

For information on Coronavirus Business Interruption Loan Scheme, see Capitalise' recent post What are CBILS loans? Here we explore what the loan is, who is eligible and how you can apply on the Capitalise Platform. 

The UK lending market

Uk lending facts 2

UK lending stats V4

Acceptance, interest rates and security

No longer business as usual 
 


Additional information needed


Underwriting criteria tightening 

Offers are not guaranteed 

Security is a must

Revenue Lending

Many sectors are off the table

Topics: CBILS, Capitalise, Coronavirus, Coronavirus Business Interruption Loan Scheme, Access To Finance

Stay Connected To Capium

From Tips & Advice to Industry Commentary

We listen as hard as we think and work hard to keep our ear to the ground so you can stay informed on the most important news in your industry.

Join the club and hear more about:

  • HMRC's Making Tax Digital Agenda
  • Compliance and Security Considerations
  • AI, machine learning and automation

Subscribe Here!

Recent Posts