‘Bounce Back Loans’ of between £2,000 to £50,000 to become available to small businesses from 4 May

Summary  The chancellor has announced a new loan scheme for small and medium businesses, aimed at those businesses who have so far struggled to access credit.  The loans are designed to be accessed quickly and without the need for forecasts.    Eligibility   UK  based Business  Negatively affected by coronavirus  Was not an ‘undertaking in difficulty’ on 31 December 2019.    Features  Loan between £2,000 and … Continue reading ‘Bounce Back Loans’ of between £2,000 to £50,000 to become available to small businesses from 4 May