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Coronavirus Large Business Interruption Lending Scheme

6th Apr 2020 2 min read

The new Coronavirus Large Business Interruption Loan Scheme (CLBILS) will provide a government guarantee of 80% to enable banks to make loans of up to £25 million to firms with an annual turnover of between £45 million and £500 million.

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Santander welcomes the recent British Business Bank announcement on the Coronavirus Large Business Interruption Lending Scheme (CLBILS).

We are fully committed to finding ways to support our customers and are working with the British Business Bank as a matter of priority.

We will be announcing full details in conjunction with them in due course, continue to visit our website and social channels for all of the latest information on the government schemes.