Fintechs Unite to Turbocharge CBILS Ahead of Deadline

Ebury & MarketFinance Join Forces to Keep SMEs Cash‑Flowing as CBILS Ticks Down

As the UK government’s CBILS (Coronavirus Business Interruption Loan Scheme) winds up this month, Ebury and MarketFinance are stepping in to make sure small businesses don’t have to wait around for emergency funding.

What’s on the table?

Interest‑free game: Loans up to £50,001‑£150,000 with zero fee, zero interest, no repayments for 12 months.
Shared revolving credit facility stretching up to £5 million. Think of it like a financial safety net that lends against your outstanding invoices.
All CBILS applications that entered the queue in September remain valid until the end of November.

Ebury will now offer:

MarketFinance’s CBILS loans and revolving credit line alongside its existing supplier trade‑finance products.
These are interest‑free for the first year—because nobody needs extra interest while their business is rebuilding.

Why does this matter?

The CBILS pilot was launched to help businesses bumpy over the Covid‑19 lockdown slump. The government backs 80 % of the credit lines, up to a whopping £5 million for UK SMEs.

But this partnership isn’t just a one‑off. Ebury and MarketFinance plan to keep offering regular business loans and invoice finance well beyond the CBILS deadline. In fact, they’re building a long‑term alliance to provide seamless funding solutions for their shared customer base.

Voices from the front

Juan Lobato, CEO of Ebury, chimes in: “We’ve been collaborating with governments across Europe to ensure SMEs—our economies’ lifeblood—can access the working capital they need to survive the pandemic. I’m thrilled that partnering with another fintech allows us to help even more UK companies secure vital funding as the economic recovery kicks in.”

Anil Stocker, CEO of MarketFinance, adds: “Partnering with fintechs such as Ebury is a core part of our strategy, delivering seamless funding for their customers. We’re excited to launch this with a brand that’s built solid international reputation and wants to improve access to finance for businesses at a pivotal time. We hope this partnership makes it even easier for business owners to find the right finance to navigate the global pandemic.”