How to Make Informed Decisions with the Bounce Back Loan Calculator (Business Opportunities - Other Business Ads)
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Item ID 9355856 in Category: Business Opportunities - Other Business Ads
How to Make Informed Decisions with the Bounce Back Loan Calculator | |
The Bounce Back Loan (BBL) scheme was a government-backed loan scheme introduced in 2020 to help small businesses in the UK during the turmoil of the COVID pandemic. In addition to the standard Bounce Back Loan terms, the UK government also introduced the Pay as You Grow (PAYG) options in September 2020. These options give businesses more flexibility in how they repay their Bounce Back Loans. The scheme was open to businesses with a turnover of up to £50 million, and loans of up to £50,000 were available. The interest rate on BBLs was 2.5%, and there were no fees or interest to pay for the first 12 months. After 12 months, the interest rate would increase to 6.3%. | |
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| Target Nation: All Nations Target City : Norwich Last Update : 11 August 2023 9:15 AM Number of Views: 43 | Item Owner : Jamie Playford Contact Email: Contact Phone: 08002465895 |
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2024-05-20 (0.222 sec)