LONDON, Dec. 22, 2021 /PRNewswire/ Brydg, is a scale-up technology business bringing a fresh look to the way property is financed in the UK. It can announce that after five years of lending
Brydg Secures CBILS Accreditation to Provide Relief to Real Estate Businesses
Government-Backed Loans of £250,000 to £5 Million available to support recovery for eligible small businesses in the UK
LONDON, Jan. 13, 2021 /PRNewswire/ Brydg today announced that it has been accredited as a new lender for the Coronavirus Business Interruption Loan Scheme (CBILS) by the British Business Bank.
Delivered through British Business Bank accredited lenders, CBILS is designed to support the continued provision of finance to UK smaller businesses (SMEs) during the Covid-19 outbreak. The scheme enables lenders to provide facilities of up to £5m to smaller businesses across the UK who are experiencing lost or deferred revenues, leading to disruptions to their cashflow.