CBILS Loans for Three Businesses from the Same Group.

Opportunity:

The client’s own bank could not offer them CBILS due to their complex group structure, so they were referred to Bathgate.

Approach:

Understanding the group structure was key in order to find the right CBILS funder for the customer.

Solution:

Three CBILS Loans were offered, totalling £650k over 60 months, allowing the three businesses to get back on their feet after the coronavirus lockdown.