Government Bounce Back Loan – Detail Announced

100% backed by the Government for companies impacted by COVID 19
No Interest, capital repayments or arrangement fees for first 12 months
Borrow up to £50,000 (max 25% of annual turnover
6 year term loan
Fixed rate of 2.5% (APR) after 12 months
No early repayment charges
To be eligible for this Scheme clients will need to:
Be a UK based business impacted by CoronavirusNot already applied or received a Bounce Back Loan

Not already have a CBILS, CLBILS or CCFF unless they are refinancing it in full by taking the BBL. 

Clients can apply for the BBLS via their own banking website via a straightforward application form 
 Need Help with funding? Contact us today:

t : 01695 581 981
e : funding@go-businessfinance.com
w : www.go-businessfinance.com

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