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Coronavirus - Business Interruption Loan Scheme

This will be launched next week by the British Business Bank to support businesses to access bank lending and overdrafts. The government will provide lenders with a guarantee of 80% on each loan to give lenders the confidence to continue to provide finance for SMEs. The government will not charge businesses or banks for this guarantee. Businesses can access the first 6 months of this finance interest free. If your business is or you think it could be affected you should act now. If you have business accounts you should contact your bank directly to access the financial support available to you. If you need our help with this contact us here.

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Added By: Sharon Worger on 20th Mar 2020 - 14:26
Number of Views: 61
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