News & Important Dates
PAY BACK LOANS GIVEN TIME TO PAY
Providing flexibility for firms to repay the Bounce Back loans will include:
- Extension of the length of the loan from 6 - 10 years, cutting repayments by half.
- Interest only periods of only 6 months and payment holidays will be available.
- Applications deadline extended to the end of November 2020
More businesses will now be able to benefit from the following schemes:
- Business interruption Loan Scheme
- Coronavirus Large Business interruption scheme
- Bounce back loan scheme
- Future fund