Search
  • Xaviers

Bounce Back Loans still available but act fast

The Bounce Back Loan Scheme offering up to £50,000 to businesses depending on turnover is open until 31 March 2021.


If you have received a Bounce Back Loan but has not claimed the full 25% of turnover amount, the loan can be topped up but applications must be made by 31 March 2021.


Loans are guaranteed by the government in full and benefit from zero fees and interest for the first 12 months then 2.5% interest thereafter. No repayments fall due within the first 12 months and the six year term can be extended to 10.



One of the quickest ways to apply is via the business’s online banking system.

15 views0 comments

Recent Posts

See All

Changes to the CJRS from July

In July, the UK Government will pay 70% of employees' usual wages for the hours not worked, up to a cap of £2,187.50. In August and September, this will reduce to 60% of employees’ usual wages up to a

VAT deferral – final chance to join online

The VAT deferral new payment scheme is open for all businesses who deferred paying VAT due between 20 March‌‌ ‌and 30‌‌ ‌June 2020, and were unable to pay in full by 31 March‌‌ ‌2021. The last day you

Main Logo from illi.png