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<p>The Government has responded to helpful feedback to ensure that companies feel
the full benefits of available support.</p><p> </p><p>The Coronavirus Business Interruption
Loan Scheme (CBILS) is open to eligible businesses operating in most sectors. Unlike
Enterprise Finance Guarantee, road haulage, fishery, aquaculture and agriculture businesses
can access facilities up to the maximum of £5m available. Fishery, aquaculture and
agriculture businesses may not qualify for the full interest and lender-levied fee
payment paid by government.</p><p> </p><p>The Government has:</p><ul><li>Extended
the scheme so that all viable small businesses affected by Covid-19, and not just
those unable to secure regular commercial financing, are now eligible if the lender
believes they need finance to see them through these unprecedented times.</li><li>Removed
the requirement that the relevant applicant not be a business, employer, professional,
religious or political membership organisation or a trade union in order to be eligible
for CBILS.</li><li>Announced the launch of the Coronavirus Large Business Interruption
Loan Scheme to support all larger viable businesses with an annual turnover of £45
million and above.</li></ul>
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