Many businesses are looking to the banks to support their funding requirements for survival through the lockdown and into what is being called ‘the new normal’.

Maybe not surprisingly, given the newness of the schemes, banks and borrowers alike are learning through practice.

There is the coronavirus business interruption loan scheme (CBIL, some call it ‘Sybil’) for businesses with revenues up to revenues of £45m per year or the newly launching coronavirus large business interruption loan scheme (CLBIL, some call it ‘Syllables’) for larger businesses