Loan Scheme Guarantee Increased To 100 Per Cent

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.