CoronaVirus Business Support

Today, 14th July 2020, British Business Bank released updated statistics revealing that Government guaranteed loans (both partial and entire) now total £46.3 Billion, of which loans under the Bounce Back Loan scheme total £31.7 Billion

A stunning level of support, it will be fascinating to see, over time, delinquency rates along with fraud figures. Some of the stories doing the rounds on social media, some genuine some probably fabricated, suggest some amazing abuses of the various schemes.

Factoring Partners has assisted with a number of applications but will never charge a fee for so doing.

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