The Coronavirus Business Interruption Loan Scheme (CBILS), has proved to be extremely beneficial to numerous businesses across the UK. Launched earlier this year, CBILS was designed to provide financial support to SMEs that have been impacted by COVID-19 and seen their cashflow disrupted. The effects of the pandemic continue to present challenges to businesses and the future still looks uncertain, however, the scheme is due to end on 30th September, and any applications for finance need to have been made by that date. Read more
Loans of up to £250,000 with 12-months capital and interest free are now available via Compass Business Finance, as part of the government’s CBIL scheme. The loan terms are between 2-5 years, with no upfront or early settlement fees, they are delivered via a faster and simplified application process, enabling loan decisions to typically be made within 24 hours. Read more
Since the launch of the Coronavirus Business Interruption Loan Scheme (CBILS) last month, it has already seen a significant number of changes as it evolves and develops to deliver timely and targeted support to SMEs across the UK. Read more
Businesses will be able to access government support via Compass Business Finance from today (Monday 23 March), helping them to continue operating through the global economic emergency brought on by coronavirus. As a specialist lender to the manufacturing sector, this is where Compass will continue to focus their support.
Compass Business Finance has announced that it will be exhibiting at The Print Show as part of the IPIA Village this September. As a specialist lender to the industry, Compass will have their team on hand throughout the show to explore, with visitors, the financial options available to them.
Compass Business Finance is delighted to announce that they have become members of FESPA UK. Having met with the UK team at FESPA Global Print Expo in Munich this week, Compass sees this as a move to build stronger relationships with the wide format print, packaging and converting markets in the UK.
Compass Business Finance have announced the appointment of David Bunker as a new company director from 1 April 2019. David has taken an equity stake in the business and will be working alongside brothers Mark and Jamie Nelson, who founded the business in 2005.
Compass Business Finance are pleased to announce that they have just become associate members of the Manufacturing Technologies Association (MTA). This is part of a commitment to further support and grow their supply of asset-based finance to the manufacturing and engineering sectors.
Compass Business Finance has become an accredited lender under the British Business Bank’s Enterprise Finance Guarantee (EFG) programme. EFG accreditation will enable Compass to increase its supply of asset finance to smaller businesses, primarily in the print, packaging and engineering sectors.