Lending facility from the Bank of England - Larger firms
Under the new Covid-19 Corporate Financing Facility, the Bank of England will buy short-term debt from larger companies if it has been affected by a short-term funding squeeze, and allow them to finance short-term liabilities. It will also support corporate finance markets overall and ease the supply of credit to all firms.
All non-financial companies that meet the criteria set out on the Bank of England’s website are eligible. The scheme is now available for applications.
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