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Small Business Bounceback loan launched today

dunoonhotel • May 04, 2020

A 2.5% interest loan of up to £50,000

Small businesses boosted by Bounce Back Loans Scheme

New 100% government backed loan scheme for small business

Businesses will be able to borrow between £2,000 and £50,000 and access the cash within days


Loans will be interest free for the first 12 months, and businesses can apply online through a short and simple form


The loans will be easy to apply for through a short, standardised online application.

The loan should reach businesses within days- providing immediate support to those that need it as easily as possible.


Firms will be able to access these loans through a network of accredited lenders.



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