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Covid 19: Bounceback Loan

April 28th 2020

The Government has yesterday announced a new scheme for those in need of smaller loans. Businesses can apply for the new Bounce Back Loans up to a maximum of £50,000, or 25% of turnover, with the government paying the interest for the first 12 months. The loans will be available from 9am on Monday and the Government will support lending by guaranteeing 100% of the loan.

For more details, please visit this link:

To learn more about how to access the various financial support schemes, please see the link here:

There is a BEIS Business Support Helpline for any queries: 0300 456 3565

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