For companies that have not applied for the Business Interruption loan there is an opportunity to apply for the newly announced bounce back loan.
The loan will be 100% underwritten by the Government.
Businesses can apply for between £2,000 – £50,000 of funding.
There will be no interest, fees or repayments for the first 12 months.
The term of the loan can be up to 6 years.
to find out more information, please click the following link https://www.gov.uk/government/news/small-businesses-boosted-by-bounce-back-loans
