The key features of the scheme are as follows: Loans of up to £50,000: Loans will be from £2,000 up to 25% of a business’ turnover or £50,000, whichever is lower. 100% guarantees: The scheme provides the lender with a government-backed, full guarantee against the outstanding facility balance, both capital and interest. The borrower always … Continue reading Bounce-back loans at a glance
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