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Covid -19 Bounce Back Loan Scheme Live from 4/5/2020

Bounce Back loans will be available for applications from 9am on 4 May 2020. Up to date as at 2/5/20; Scheme launch date 4/5/20 Under the Bounce Back Loan Scheme (BBLS), the Government announced that the smallest businesses will be able to borrow between £2,000 and £50,000 – capped at 25% of a business’s turnover. […]

CBILS and Overdrafts during Lockdown

CBILS and Overdrafts  All small business owners are watching the Governments reaction to more pressure to relieve the lack of lending under the Coronavirus Business Interruption Loan Scheme. CBILS up to date info on Friday 17/4/20; Coronavirus Business Interruption Loan Scheme (CBILS) helps affected businesses to access bank lending and overdrafts if they need to. […]