To be eligible for CLBILS your business must:
Be UK-based, with Group turnover of more than £45 million
Have been directly impacted by coronavirus
Have not received, either directly or within your Group, a facility under the Bank of England's Covid Corporate Financing Facility (CCFF), the Bounce Back Loan Scheme (BBLS), or the Coronavirus Business Interruption Loan Scheme (CBILS) and will not seek to apply whilst the Scheme Facility is outstanding
Have been trading successfully before the coronavirus outbreak and be considered viable over the longer-term, notwithstanding any coronavirus impacts over the short-to-medium term
You won't be eligible if:
Your Business turnover is less than £45 million, however you may be entitled to other government support.
You’re a credit institution (falling within the remit of the Bank Recovery and Resolution Directive), building society, insurer and reinsurer (but not insurance brokers), public sector body, state-funded primary or secondary school.