Barclays: Launches CLBIL scheme
- Launches CLBIL scheme to support large Corporate Banking clients impacted by Coronavirus (COVID-19) in the UK
- Barclays extending its support to businesses not covered by the Coronavirus Business Interruption Loan scheme
- Barclays provide lending of up to £50 million for firms with a turnover of over £250 million
- The type of lending available includes term loans and revolving credit facilities of up to 3 years with a minimum facility term of 3 months
- Barclays absolutely committed to supporting all businesses through this incredibly challenging period
- New scheme enable to provide vital funding to those businesses not currently eligible for the Coronavirus Business Interruption Loan scheme
