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United Kingdom: The government introduces the Coronavirus Business Interruption Loan Scheme (CBILS) for smaller businesses affected by the Coronavirus

Description

On 23 March 2020, the UK government announced introducing the Coronavirus Business Interruption Loan Scheme (CBILS) for smaller businesses affected by the Coronavirus outbreak. Under the CBILS, busine...

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Intervention Details

Intervention Type

Interest payment subsidy

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

23 Mar 2020

Revocation date

31 Mar 2021

Implementation level

NFI

Affected flow

Inward

Announced as temporary

No

Eligible firms

SMEs

Affected Trading Partners

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Affected Products

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