Withdrawals from our Access Accounts are slower than usual as we are no longer operating in normal market conditions as a result of Coronavirus. There is currently a queuing system in place, click here to find out more.

Coronavirus Business Interruption Loan Scheme (CBILS)

Due to the Government deadline of 31st March, we are no longer accepting new applications for CBILS Loans. We will continue to review the situation and keep you updated via this webpage. Alternatively, you can register your interest in a non-CBILS Bridging Loan by sending an email to businessdevelopment@assetzcapital.co.uk and one of our team will get back to you.

Assetz Capital Lending Limited specialise in providing real world lending to UK SMEs and we’re delighted to have been approved for accreditation by British Business Bank as a lender under the Coronavirus Business Interruption Loan Scheme.

For a limited time only, we’re providing property-secured loans through this government-backed scheme. So, if your client is a limited company or LLP and has been adversely affected by Coronavirus, they could be eligible for a property-secured loan between £250k - £5m with no interest or fees in the first 12 months.

CBILS Development Finance

  • Pay no interest or fees for the first 12 months *
  • Up to 85% Loan To Cost
  • Borrower rates from 8.65%
  • Up to 70% LTGDV
  • Terms up to 2 years
View product guide

CBILS Commercial Mortgages

  • Pay no interest or fees for the first 12 months *
  • Flexible repayment options including interest only
  • Borrower rates from 6.4%
  • Up to 75% LTV
  • Terms up to 5 years
View product guide

CBILS Bridging

  • Pay no interest or fees for the first 12 months *
  • First charge only
  • Borrower rates from 8.75%
  • Up to 70% LTV
  • Terms up to 2 years
View product guide

* The government scheme may also cover some professional fees including legal, valuation and monitoring surveyor fees

Is your client eligible for CBILS?

Your client can apply for an Assetz Capital Lending Limited CBILS loan if they meet all the following criteria:

  • They are a Limited Company or a Limited Liability Partnership
  • They can provide property security against the loan (excluding the private residence of the borrower)
  • They are a UK-based business with annual turnover up to £45m
  • They have a viable borrowing proposal for us to consider
  • They can self-certify that they have been adversely impacted by the Coronavirus (COVID-19)
  • They wish to borrow between £250,000 and £5 million for a term of up to 5 years
  • They require a Property Development Loan or Commercial Mortgage

The Coronavirus Business Interruption Loan Scheme (CBILS) is managed by the British Business Bank on behalf of, and with the financial backing of, the Secretary of State for Business, Energy & Industrial Strategy. British Business Bank plc is a development bank wholly owned by HM Government. It is not authorised or regulated by the PRA or the FCA. Visit british-business-bank.co.uk.