British Business Bank approves 4 new lenders
The British Business Bank has approved four new lenders for accreditation under the Coronavirus Business Interruption Loan Scheme – Cooperative Bank, Cynergy Bank, Oaknorth Bank and Starling Bank. Coutts and Company have also now been accredited, as part of RBS Group’s existing accreditation. Following their approval, each lender will be putting in place the operations required to start lending under the scheme and will confirm shortly the dates from which they will be ready to start receiving applications from smaller businesses across the UK
This is great news that we have another 5 lenders joining the Scheme and we’re looking forward to being able to work with an increasingly diverse range of lenders when supporting our clients with their CBILS applications as they become operational.
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