Britain’s Energy Coast Business Cluster currently has a number of active Sector Groups and there are plans for at more to reflect its growing and changing membership. The BECBC Sector Groups are for members only and provide an invaluable forum for businesses to meet others in their industry, to find out about trends and opportunities and to share information and knowledge with potential partners, clients and suppliers.
Britain’s Energy Coast Business Cluster meetings are held every month and are a great opportunity to meet other members. Other BECBC events include monthly training workshops, the BECBC Business Awards and other networking events, as well as specialist Sector Group meetings.
Business School Engagement Events enable students to gain a better understanding of the world of work as well as meet local employers who are members of the cluster. The Charity Page signposts you to some local organisations.
The Coronavirus Business Interruption Loan Scheme (CBILS) is now open for applications and supports a wide range of business finance products, including term loans, overdrafts, invoice finance and asset finance facilities and can provide facilities of up to £5m for smaller businesses across the UK who are experiencing lost or deferred revenues, leading to disruptions to their cashflow.
The CBILS website is the best source of up to date information, but the following documents contain all the key details:
Finance terms are up to six years for term loans and asset finance facilities. For overdrafts and invoice finance facilities, terms will be up to three years.
At the discretion of the lender, the scheme may be used for unsecured lending for facilities of £250,000 and under. For facilities above £250,000, the lender must establish a lack or absence of security prior to businesses using CBILS. If the lender can offer finance on normal commercial terms without the need to make use of the scheme, they will do so.
The borrower always remains 100% liable for the debt.