British Business Bank: Fiduciam and BBVA accredited to UK corona loan schemes
- The British Business Bank the UK government’s economic development bank
- Approved Fiduciam for accreditation under the Coronavirus Business Interruption Loan Scheme (CBILS)
- Accredited BBVA under the Coronavirus Large Business Interruption Loan Scheme (CLBILS)
- New CBILS lender Fiduciam able to provide financial support to smaller businesses across the UK that are losing revenue
- New CLBILS lender BBVA able to provide finance to midsized and larger UK businesses with a group turnover of more than £45m
- Following their approval each lender put in place the operations required to start lending under the scheme
