Small businesses boosted by bounce back loans

April 27, 2020

 

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

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