CBILS – complicated, yes; yet simple with Cashflow Bridge

Posted: 23rd November 2020

CBILS loans are notoriously complicated, complex and convoluted to arrange. Sadly, many businesses have been refused this vital Government backed funding due to incomplete and incorrect applications – nationwide just 50% have been accepted.

Yet, Cashflow Bridge boasts a 90% acceptance rate for its SME clients – arranging these loans, up to £500k, quickly, easily and within days, with comprehensive and professionally sound applications; including detailed trading history, projections and other essential information.

That's why, Health Connections, like many other SMEs, asked us, here at Cashflow Bridge to assist them with their CBILS application. Here, Managing Director, Femi Sanusi, explains just how easy it is to apply for a CBILS loan through us is.

The CBILS option gave us peace of mind and had the potential to add valuable cashflow to our books; yet we'd heard how difficult and risky the application process could be.” adds Femi.

Cashflow Bridge were recommended to us by a Broker because they, as an independent broker, were approved and authorised to arrange CBILS. It meant the burden was taken away from us by not having to spend a lot of time dealing with it directly. Instead, Cashflow Bridge could manage the entire process from start to finish.”

"We liked the fact they had whole of market access which meant they could propose several lending options and providers, all of which we carefully considered before confirming a CBILS was the option for us. We knew our application would only be put forward to those lenders who would consider our loan so our credit rating wouldn't be damaged with any refusals.”

Here at Cashflow Bridge we are able to search the whole market – marrying each applicant carefully with the most suitable lender. You see, having a lender simply accept your loan application isn't all it boils down to. It's hugely important that they understand your business so that relationships are built and future relations, lending and amendments are understood and manageable.

Femi continues, “What really impressed me about using Cashflow Bridge was the speed in which they arranged our CBILS loan. We had the money agreed and in our bank account within just a couple of weeks.”

The whole experience was simplified by using Cashflow Bridge and we will certainly be using them again when we look at additional business funding to maximise future growth opportunities.” concludes Femi

If you are looking at a CBILS loan to help your business through the Covid pandemic call our Founder, Carole Roe today, on 07785 596053 – beware, you only have until the end of January 2021 to apply before the scheme ends.

Alternatively, talk to our Managing Director, Kevin Weaver on 07917 871832 to discuss the various financial solutions your SME could benefit from. You can also email our expert team at info@cashflowbridge.co.uk. We can arrange loans and lending including:

* Long and short term 

* Secured and unsecured 

* Stock finance 

* Asset finance 

* Bridging loans 

* Same day cashflow injections 

* Trade finance 

* Invoice finance

Cashflow Bridge – we guarantee to find you the right finance, from the right lender, at the right rate.

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