Bounce Back Loan Services
Essentially, the 'Bounce Back Loan' is a government backed scheme to support businesses during COVID 19
Key points are :
LTD company based in the UK
Established before March 1st, 2020
The length of the loan is 6 years - no charges for early repayment. No Repayments for the first 12 months.
25% of turnover and a max loan amount of £50,000
Ending 31st of October 2020
The process applies for any businesses interested, SME Skills conduct a short consultation to see if they are suitable for the scheme.
Assuming the businesses are eligible, we agree to apply for them on their behalf and they only pay the small fee once the loan is agreed and paid directly to them.
Turnaround can be as fast as 24 hours and depending on the lender, as we manage the entire process and deal with all the fiddly paper work for you.
If this sounds like something that may interest you and benefit your business, please click the button below to enquire!
We aim to get back to everyone within 24 hours of application.