Small Business Bounceback loan launched today
dunoonhotel • 4 May 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.
Announcement!!!!
Useful information regarding the change that arrives in July
Christmas 2023