Coronavirus Business Interruption Loan Scheme

(asked on 20th March 2020) - View Source

Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, under what conditions registered (a) charities and (b) societies will be able to apply for support through the Coronavirus Business Interruption Loan Scheme .


Answered by
Paul Scully Portrait
Paul Scully
This question was answered on 27th March 2020

Both registered charities and societies are able to apply for support through the Coronavirus Business Interruption Loan Scheme so long as more than 50% of their income comes from trading.

The scheme was made live on 23rd March and all details can be found on the British Business Bank website at www.british-business-bank.co.uk/ourpartners/coronavirus-business-interruption-loan-scheme-cbils/

Reticulating Splines