A new temporary Coronavirus Business Interruption Loan Scheme, delivered by the British Business Bank, will launch early next week to support primarily small and medium-sized businesses to access bank lending and overdrafts. The government will provide lenders with a guarantee of 80% on each loan (subject to a per-lender cap on claims) to give lenders further confidence in continuing to …
NACFB, Coronavirus update
“The NACFB team joined a stakeholder partners call with the British Business Bank (BBB) yesterday to discuss their efforts ahead of the official launch of their Coronavirus Business Interruption Loan Scheme (CBILS). Full details are embargoed until the beginning of next week, but the efforts willl form part of a wider group of measures announced by the Treasury and the …
100% Funding on your Development Project
At Key, we work with a wide range of Development Lenders. We can source 100% funding on development projects where the lender becomes your “Build Partner” A facility that provides a full 100% debt and equity package with interest charged on funds drawn and profit share with borrower after total Gross Development Cost (including finance costs). Security is held in …