The Coronavirus Business Interruption Loan Scheme (CBILS) provides financial support to smaller businesses (SMEs) across the UK that are losing revenue, and seeing their cashflow disrupted, as a result of the COVID-19 outbreak.
The government has updated and provided more details on its scheme for companies that are too big for its Coronavirus Business Interruption Loan scheme and not suitable for the Coronavirus Commercial Financing Facility
The FSB has published a 14-page report which includes a helpful table on key policy decisions across key economies and the impact of the crisis on credit ratings and cross-currency basis swaps.