The Coronavirus Large Business Interruption Loan Scheme has been expanded to cover all viable firms. All firms with a turnover of more than £45 million will now be able to apply for up to £25 million of finance, and up to £50 million for firms with a turnover of more than £250 million.
The scheme, which will launch on Monday, will be available through a series of accredited lenders, which will be listed on the British Business Bank website.
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