Bounce Back Loan scheme for small businesses
- Maurice Sardison
- May 4, 2020
- 1 min read
The Chancellor has launched a Bounce Back Loan scheme to support small businesses affected by the coronavirus outbreak. The scheme will provide loans of between £2,000 and £50,000 with a 100% government-backed guarantee for lenders. Loans will be interest-free for the first 12 months and businesses can apply via a short online form.
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