APPLICATION

apply for funding

To start your CBILS application please complete the form below, if you have any issues with the form please contact cbils@growth-lending.com and a member of our team will be happy to help

Eligibility Criteria

UK registered businesses
Turnover: £1.5m-£45m
12 months trading history
Over 50% of turnover from trading activity (e.g. not from investments)
Facility primarily for trading activity in the UK
The company has been impacted by the coronavirus pandemic

Documents Required

You’ll need to upload the following:

2019 Year-End Profit and Loss statement
2019 Year-End Balance Sheet
Year-to-date Profit and Loss statement
Year-to-date Balance sheet
Last 3 months business bank statements
Cash flow or profit-and-loss forecast for the next 12 months or ideally next 36 months

Information

You can only add one file to each upload box
Accepted file types include .pdf, .docx, .xlsx, .csv

Step 1 of 4

First name *

Last name *

Email *

Contact number *

Company name *

Legal status *

What was the annual revenue in your most recent year-end accounts? *

Is your company UK-registered? *

Is your business B2B? *

How much funding do you require? *

Min £750k – Max £5m

How did you hear about Growth Lending’s CBILS? *

Commencement of trading date? *//

What does your business do? *

Which sector does your business operate in? *

What is the current annual staff cost in the business? *

How many employees does your business currently have? *

What percentage of your turnover is generated from normal trading activities? *

Does your business meet the definition of a business in difficulty? (definitions below) *

A business is in difficulty if, as at 31 December 2019:

It was more than three years old and had accumulated losses of more than 50% of share capital;
It had entered into administration, CVA or similar;
It had previously received rescue or restructuring aid from the UK government or the European Union that was yet to be reimbursed (or, in the case of a guarantee, terminated)

Do you operate in one of the following industries? (see below) *

Banking
Building societies
Insurers and reinsurers (but not insurance brokers)
Public sector (including state-funded primary and secondary schools)
Gambling
Real estate/property development
Farming and agriculture

Is there any business collateral that could be used to support this lending request? *

i.e. security over the assets of the business, including intellectual property

What is the total cash required to fund the business plan for the next 12-18 months? *

How do you intend to use the funds? *

Prior to this request, have you applied for financing under the CBILS scheme with Growth Lending or any other financial institution? *

Please provide an overview of the performance of your business prior to the onset of the Covid-19 *

Was your business profitable prior to the onset of Covid-19? *

Please describe how Covid-19 has affected your business? *

Does your business have institutional investment? *

Are there existing charge/debenture holders? *

What is the total value of existing external financing (debt) on the balance sheet? *

To the best of my knowledge today, this represents the business’s cash flow/liquidity needs for the next 18 months *

I Accept

Aside from the impact of Covid-19 on your business, do you foresee any changes in your circumstances that may adversely affect your ability to repay the borrowing you intend to request? *

Please confirm you understand that you are liable for 100% of any facility that may be provided and that BOOST&Co will always seek to recover the outstanding balance from you *

I accept 100% liability for facility

Website

APPLICATION

apply for funding

Eligibility Criteria

Documents Required

Information

A business is in difficulty if, as at 31 December 2019:

Please provide the following documents

Last 3 Months Bank Statements

Growth Lending Limited

Registered company number

12395628

Registered office address

1 Vicarage Lane, London, England, E15 4HF

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