New interest free loans available to help small businesses
1. Businesses will be able to borrow between £2,000 and £50,000 and access the cash within days
2. loans will be interest free for the first 12 months, and businesses can apply online through a short and simple form
Small businesses will benefit from a new fast-track finance scheme providing loans with a 100% government-backed guarantee for lenders, the Chancellor announced today (Monday 27 April).
More can be found here https://www.gov.uk/government/news/small-businesses-boosted-by-bounce-back-loans