Bounce Back Loan

richardscamans • 11 February 2021

Update

Businesses that took out government-backed Bounce Back Loans to get through COVID-19 will now have greater flexibility to repay their loans.

Bounce Back Loan borrowers will now have the option to tailor payments according to their individual circumstances and now have the option to delay all repayments for a further six months.

If you already have a Bounce Back Loan but borrowed less than you were entitled to, you can top up your existing loan to your maximum amount. You must request the top-up by 31 March 2021. Visit the Business Wales website for more details.

https://businesswales.gov.wales/news-and-blogs/news/bounce-back-loan-scheme-update

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