The current coronavirus (COVID-19) outbreak presents unprecedented challenges to public health and SME businesses.
We appreciate that business owners may be concerned about the impact coronavirus will have on their businesses. We share those concerns and would like to work with business owners through these unsettling circumstances.
It’s times like this when our mission to support SME businesses and the communities they serve counts the most. Supporting SME businesses is our priority. We have introduced several products and means of support to help SME businesses through the coronavirus outbreak.
Safeguarding clients, referrers and our staff
Following the government's advice issued on 23 March, our offices are now closed and all BEF staff are working remotely until further notice. We are still open to help businesses through the coronavirus outbreak. We will use online technology to complete virtual appointments and issue all loan documents electronically.
As you may appreciate, our telephone line is extremely busy at present. In light of this, we kindly ask you to read the following information to help you contact us and our partners in the most appropriate way.
Coronavirus Business Interruption Loan Scheme (CBILS)
We are an accredited delivery partner for CBILS which means we can support eligible businesses with CBILS loans from £50.001 to £150,000. Find out more.
Bounce Back Loan Scheme (BBLS)
Please note that we are not a delivery partner for the Bounce Back Loan Scheme. For more information, please visit the British Business Bank website.
Start Up Loans
Additional Financial Support for Businesses
For further information on additional financial support, please visit the Government's COVID-19 Support for Businesses Guidance page.
Further Guidance for Employees, Employers and Business
Further coronavirus guidance for employees, employers and business is available on the Government's website.