More help for business

The Chancellor has announced a new Bounce Back Loans Scheme to ensure that businesses get the financial support they need quickly, to help them survive this crisis.
  • The Government’s emergency measures, including business grants, tax deferrals, and the job retention scheme, are already helping hundreds of thousands of small businesses weather the impact of coronavirus – but many need cash injections to keep operating.
     
  • Our new Bounce Back Loan Scheme enables small businesses to borrow up to £50,000 and access the cash within days. They are easy to apply for and the Government provides a 100 per cent guarantee for the loan to lenders.
     
  • This will offer additional protection to small firms, helping them get the finance they need so they can keep operating, protect jobs and incomes, and get through this crisis.

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