Under the new Covid-19 Corporate Financing Facility, the Bank of England will buy short term debt from larger companies, on similar terms to those prevailing prior to Covid-19 crisis.
This will support your company if it has been affected by a short-term funding squeeze, and allow you to finance your short-term liabilities. It will also support corporate finance markets overall and ease the supply of credit to all firms.
Eligibility – All UK businesses are eligible, who were robust and investment grade or equivalent 2pre crisis”.
How to access the scheme – Through the Bank of England
Further information will be provided as it becomes available