Coronavirus Business Interruption Loan Scheme

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LendingCrowd CBILS loans

Is your business eligible?

Borrow from £50,001 to £250,000

Based in the UK

Rates from 5.6%

Turnover below £45 million

Term: 36 months or 60 months

50% of income from trading activity in the UK

Nothing to pay for first 12 months

Adversely affected by Covid-19

No early repayment fees

Viable if it wasn’t for the pandemic

LendingCrowd CBILS loans	Is your business eligible?
Borrow from £50,001 to £250,000	Based in the UK
Rates from 5.6%	Turnover below £45 million
Term: 36 months or 60 months	50% of income from trading activity in the UK
Nothing to pay for first 12 months	Adversely affected by Covid-19
No early repayment fees	Viable if it wasn’t for the pandemic

Want to know more?

If you invest through LendingCrowd you should understand that your capital is at risk.

LendingCrowd is the trading name of Edinburgh Alternative Finance Limited, Company Number SC468392, authorised and regulated by the Financial Conduct Authority (Firm reference number 670991). LendingCrowd and its products are not covered by the Financial Services Compensation Scheme.

Read more about the risk involved when investing and borrowing.

The company's registered office is 23 Manor Place, Edinburgh, EH3 7DX.

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LendingCrowd is working with the British Business Bank to help deliver CBILS loans to SMEs affected by the Covid-19 pandemic. Find out more:

CBILS

Coronavirus Business Interruption Loan Scheme (CBILS)

To help British businesses affected by the Covid-19 pandemic, LendingCrowd is offering CBILS loans from £50,001 to £250,000 – with nothing to pay for the first 12 months

Is your business eligible for a CBILS loan?

To be eligible for a CBILS loan, your business must:

Be UK based in its business activity, with turnover of no more than £45m per year

Have a borrowing proposal which, were it not for the current pandemic, would be considered viable

Self-certify that it has been adversely impacted by the Covid-19 pandemic

Borrow from £50,001 to £250,000

No upfront fees

Nothing to pay for first 12 months

LendingCrowd CBILS loans

Is your business eligible?

Learn more about CBILS loans

Want to know more?

Frequently asked questions

How much can I borrow? With LendingCrowd, you can borrow between £50,001 and £250,000 using CBILS. Loan terms are either 36 months or 60 months, with no repayments due for the first 12 months.

What documents will I need to apply for a CBILS loan? To complete your CBILS application, you’ll need to supply: • Two years’ filed accounts • Six months’ bank statements • Details of current borrowing • Management information (if available) • Business plan (if available)

Will I need a personal guarantee? No personal guarantee is required for CBILS loans up to £250,000. The UK Government provides us with a guarantee of 80% of the loan. Please note: when taking out a CBILS loan, the borrower remains fully liable for the debt.

Any questions? Get in touch

0345 564 1600

How much can I borrow?
With LendingCrowd, you can borrow between £50,001 and £250,000 using CBILS. Loan terms are either 36 months or 60 months, with no repayments due for the first 12 months.

What documents will I need to apply for a CBILS loan?
To complete your CBILS application, you’ll need to supply:
• Two years’ filed accounts
• Six months’ bank statements
• Details of current borrowing
• Management information (if available)
• Business plan (if available)

Will I need a personal guarantee?
No personal guarantee is required for CBILS loans up to £250,000. The UK Government provides us with a guarantee of 80% of the loan. Please note: when taking out a CBILS loan, the borrower remains fully liable for the debt.