Woodsford RxBridge have partnered with the British Business Bank and are now an accredited lender for the Coronavirus Business Interruption Loan Scheme (CBILS) specialising in pharmacies.
Seb Miles, Managing Director, Woodsford RxBridge
Pharmacy Funding requirements
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"One of the biggest challenges that pharmacy businesses face right now is cash flow. There is a huge demand to source medication and we’re seeing wholesale prices increasing as there is a greater demand on supply.
The absolute priority for all pharmacy businesses is to look after their customers and patients, and so that's where their focus should be."
ChiChi Osemwegie, Manager, Woodsford RxBridge
If your pharmacy business meets the above eligibility and funding requirements and would like to apply for a CBILS backed loan through Woodsford RxBridge, then please register your interest here and a member or our team will get in touch.
Please note that a business cannot have both a CBILS facility and a Bounce Back Loan Scheme (BBLS) facility. If you have already obtained a BBLS facility, then this would need to be refinanced should you wish to obtain additional funding via CBILS.
CBILS is managed by the British Business Bank on behalf of, and with the financial backing of, the Secretary of State for Business, Energy & Industrial Strategy. British Business Bank plc is a development bank wholly owned by HM Government. It is not authorised or regulated by the PRA or the FCA. Visit british-business-bank.co.uk