Today in my bulletin I wanted to cover the government’s new loan scheme – ‘Bounce Back Loans’. I know so that so many of you have been understandably frustrated with the existing interruption loan scheme – it just DOESN’T work for you or small businesses full stop. The relief I felt (when I read about the Bounce Back Loans) was overwhelming as I firmly believe that these are going to give hope to thousands. Don’t forget that this community is huge – us small businesses make up 99.9% of private businesses in the UK!
The Bounce Back Loans scheme is designed for small businesses! So today, I’m going to be covering WHAT is is WHO is eligible for it and HOW to apply to help you feel that little bit more confident striding out into this unknown.
Rishi Sunak, The Chancellor, has said “our smallest businesses are the backbone of our economy and play a vital role in their communities. This new rapid loan scheme will help ensure they get the finance they need quickly to help survive this crisis” – with this knowledge know that the government, like me, knows how vital you are!
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