Bounce Back Loan Scheme
If a business has not applied for a loan under the CBILS scheme, on May 4th the Bounce Back Loan scheme goes live.
- £2,000 to £50,000
- Government guarantee 100%
- No fees or interest in first 12 months
- Terms up to 6 years
- Accredited lenders
- Must be UK based, negatively affected by Coronavirus and have been a viable business pre outbreak