Do you need help with your CBILs loan?
- Unable To Repay Your CBILs Loan
- Unable To Pay Staff
- Unable To Repay Debts e.g HMRC and More
- Close Your Company & Become Debt Free
- We Are Fully Licensed and Regulated
- Free Director Redundancy Check, Average Claim *£9,000
“Excellent service dealt with everything very quickly. Thank you very much, i would recommend you to anyone who needs help with their business!”Barbara JamesCompany Director
“Brilliant and helpful, very responsive and a great help thank you”JohnDirector
“Thank you for helping me in a time of need, i am ever so grateful for you helping me get redundancy (£12,364) when my business closed”Jessica SmithCompany Director
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Bounce Back Loan FAQs
The CBILs Loan can be written off because it was given on behalf of the company and not the individual in most cases. If the company closes then the CBILs Loan will be written off through a Company liquidation. Check If You Qualify Online
If your business is struggling and is looking to close then the CBILs Loan will work in the same way as any other loan that was taken up during that time. This means that should the company close and enters a formal liquidation process, the CBILs Loan will be included as a debt when your business closes.
A licensed insolvency practitioner will go through the entire process and organise the whole procedure on your behalf.
The final result of the liquidation is that the company will no longer exist as a legal operator, and any debt remaining from this point forward will be written off unless it has previously been secured with a personal guarantee. A CBILs Loan is not classed as a personally liable loan is most cases Chat to an expert today
Yes, Business Helpline offers free impartial advice on all debts. CBILs Loan are only one of the many debts business owners accrued over the last few years
Some businesses may be juggling a series of loans alongside their CBILs Loan and, in that instance, we would look at all your available options to resolve the matter efficiently as possible