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COVID-19 Corporate Financing Facility

Corporate Financing Facility
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This scheme helps large businesses affected by coronavirus (COVID-19) through the purchase of their short-term debt.

About The Scheme

  • Under the COVID-19 Corporate Financing Facility (CCFF), the Bank of England will buy short-term debt from large companies.
  • This scheme will support your company if it’s 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.
  • The scheme is delivered through commercial lenders, backed by the Bank of England. 
  • It will operate for at least 12 months, and for as long as steps are needed to relieve cash flow pressures on firms that make a material contribution to the UK economy.

Eligibility

Companies – and their finance subsidiaries – that make a material contribution to the UK economy are able to participate.

Check your eligibility on the Bank of England website.

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