Loan Scheme Guarantee Increased To 100 Per Cent

Posted on Apr 27, 2020. by NTI

The Chancellor, Rishi Sunak, has today announced new bounce back loans that will be 100% guaranteed by the Government. They are aimed at small businesses and they will be able to borrow between £2,000 to £50,000 and have access to the cash within days. The loans will be interest free for the first 12 months and businesses can apply through a short online form.

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