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: CBILSCapitaliseCoronavirusCoronavirus Business Interruption Loan SchemeAccess To Finance

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