Small business owners can now apply to accredited lenders by filling out a simple online form, with only seven questions. There is no longer a need to provide a business plan or projections.

This scheme will help businesses and sole traders affected by coronavirus (COVID-19) to apply for loans of up to £50,000.

The latest details published by the Government are available here:

www.gov.uk/government/news/new-bounce-back-loans-to-launch-today

 

  1. What is The Bounce Back Loan?

 

  1. What Are The Terms Of The Bounce Back Loan?

 

  1. Eligibility

 

  1. How to Access the Scheme

 

  1. What Should I Consider Before Making An Application