Covid-19 Government Bounce Back Loans
Businesses will be able to borrow between £2,000 and £50,000 interest free for 12 month and access the cash within days.
The scheme has been designed to ensure that small firms who need vital cash injections to keep operating can get finance in a matter of days, and comes alongside the £6 billion awarded in business grants, supporting 4 million jobs through the job retention scheme and generous tax deferrals supporting hundreds of thousands of firms.