Who we are

Cynergy Bank, previously known as Bank of Cyprus UK, has provided services to business customers in the UK since 1955. ... They provide current accounts, savings accounts and private banking services. Their headquarters are based in London, UK.

Who we fund

Cynergy Bank CBILs are currently only available to existing Cynergy Bank customers only. To be eligible to apply, businesses (including sole traders, partnerships or limited companies) must: Be UK based in its business activity Have a turnover of no more than £45m per year Generate more than 50% of its turnover from trading activity Be experiencing lost or deferred revenues as a result of COVID-19 Have a borrowing proposal which, were it not for the current pandemic, would be considered viable by Cynergy Bank. CBILS may not be available to business who were experiencing financial difficulty before COVID-19. This will be discussed during the application process.

About CBILS

The Coronavirus Business Interruption Loan Scheme, delivered through 40+ British Business Bank accredited lenders and partners, is designed to support the continued provision of finance to UK smaller businesses (SMEs) during the COVID-19 outbreak. The scheme enables lenders to provide facilities of up to £5m to smaller businesses across the UK who are experiencing lost or deferred revenues, leading to disruptions to their cashflow due to COVID-19/as a result of COVID-19. It supports a wide range of business finance products, including term loans, overdrafts, invoice finance and asset finance facilities.

How Much would you like to borrow?

Cynergy Bank has the capacity to lend between £50,000 - £5,000,000

Available loan types

Request Unsecured Loan