Article preview: Small businesses are set to get access to bounce back loans, setting them up for economic recovery. Announcing the bounce back loan scheme, Chancellor Rishi Sunak told MPs in the House of Commons access to funding would be available next week. Businesses can borrow from £2,500 up to 25% of their turnover under the bounce back loans scheme, subject to a maximum loan size of £50,000.
Bounce back loans get the green light
This 508-word blog post describes the terms of the new Bounce Back Loan Scheme, introduced by Chancellor Rishi Sunak. Written on 27th April 2020.
Your purchase gives you rights to publish this blog post on your IFA, financial planner or wealth manager website blog, news or insights page, along with access to the text of the blog post to copy and paste into your blog. You can publish this blog as written or edit it before publishing, and you can post it under your name.