News & Publications
14/09/2020- Time is running out to access CBILS funding
Time is running out to access the Coronavirus Business Interruption Loan Scheme
New applicants only have until the 30th September 2020 to apply for the CBILS-backed guarantee.
MSIF through the delivery of its fund manager subsidiary, Alliance Fund Managers [AFM] can support businesses that have been adversely impacted by the pandemic with funding up to £250,000 per investment through its dedicated Coronavirus Recovery and Resilience Fund [CRRF] – without the need for any personal guarantees. In addition to this, MSIF and GC Business Finance can also offer CBILS backed loans from their £10million Northern Powerhouse Investment Fund (NPIF) Microfinance Fund across the whole of the North West for SMEs looking to fill the funding gap, for both growth and development projects. Loans from £25,000 to £100,000 are available with CBILS backed loans from £50,001 (subject to eligibility).
For more information contact MSIF