Recovery Loan Scheme: your FAQs answered

High Street

We were keenly watching the Budget to see what further funding support would be made available to businesses. As anticipated, Sunak announced a new loan scheme, the Recovery Loan Scheme, to replace the existing support.  From 6 April 2021, the Recovery Loan Scheme will provide lenders with a guarantee of 80% on eligible loans between […]

Bounce Back Loan Scheme (BBLS) – your FAQs answered

The Bounce Back Loan Scheme (BBLS) has launched today (Monday 4 May) and is a new scheme for businesses in the UK that are losing revenue, and seeing their cashflow disrupted, as a result of the COVID-19 outbreak.