Every week our Managing Director, Mark Smilie sends a letter to our business community. For this edition, he’s got some big news about how Ringrose can now help with a loan under the CBILS scheme…

“Dear Business Community,

As you know, recently I have been inundated with calls saying,

“Mark, I need help with these Government Loans for Coronavirus business interruption, I am not getting anywhere with the bank – can you help?!”

Well, I am delighted that I can now say, ‘Yes I Can!’, as one of my team is a trusted broker with one of the UK’s largest finance companies, and they are now dealing with loans under the CBILS scheme!

But, you might be thinking, why would I need a broker to introduce me if I know which finance company it is? And the answer would be the same as always, but MUCH more so now.

A good broker knows what each finance company is looking for and does not waste business owners’ valuable time putting forward applications to unsuitable lenders. Equally, they know how to package an application and, importantly, will have contacts within the finance company to take the application to direct.

You will not be trying to squeeze through the front door with tens of thousands of others, only to be dealt with a computer screen or a junior member of staff. Instead you will be taken straight through to a can do manager and then into underwriting,

But for us to take you through that VIP entrance, this is what your business will need:

(Note: if your business does not qualify for CBILS, don’t worry! Just go down to the next section of this newsletter)

  • To have been trading for more than 3 years
  • To have the capability to repay the loan and any other debts that they might have deferred
  • Cash-flow statements etc in support of the application.

On offer are, 12 month interest and capital free loans up to £250k!

If you have already applied to the bank and not got anywhere you can still re-apply here. For further details –

Please call me on 0800 6125364 or 07710 466166

Getting a Business Loan during these times

If you have a business that is trading, and you can prove that you will be able to make the loan repayments and that the business is viable, we at Ringrose Business Finance should be able to get you finance, quickly and easily.

It’s notable that in this current marketplace, everything is down to how strong your relationships is with the finance companies. As brokers, ours are strongest, therefore there’s an 80% chance of acceptance using us, opposed to less than a 30% chance going direct.


Finally, something to always remember with Ringrose Business Finance;

We never ever charge an upfront fee


Please pick up the phone and say hi! You are always welcome to call me on my personal mobile, number below…

Very best wishes,

Mark Smilie

0800 6125364 or 07710 466166″

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