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<p>The Coronavirus Business Interruption Loan Scheme (CBILS) is a delegated scheme; as such, interest rates will depend on the specific loan agreements between a borrower and their lender.</p><p> </p><p>The scheme provides the lender with a government-backed, partial guarantee (80%) against the outstanding balance. The Government does not benefit from interest repayments on loans through the CBILS scheme.</p> | ||