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      • The Bounce Back Loan Scheme (BBLS) was designed to support small and medium-sized businesses that were impacted by the Coronavirus situation and who were looking to borrow between £2,000 and £50,000. The Government guaranteed 100% of the loan but the customer remained liable for the entire loan amount.
      www.business.hsbc.uk/en-gb/products/bounce-back-loan-scheme
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  2. Mar 31, 2022 · The Bounce Back loan scheme helped small and medium-sized businesses to borrow between £2,000 and £50,000, at a low interest rate, guaranteed by the Government.

  3. May 4, 2020 · The Bounce Back Loans Scheme will help smaller businesses and sole traders rapidly access the finance they need by filling in a simple form online with an accredited lender.

    • HM Treasury
  4. Feb 8, 2021 · Businesses that took out government-backed Bounce Back Loans to get through Covid-19 will now have greater flexibility to repay their loans, the government announced today (8 February).

    • HM Treasury
  5. Apr 1, 2021 · More than 1.5 million businesses struggling due to coronavirus took out a 'bounce back loan' before the scheme closed to applications on 31 March 2021. Bounce back loans are 100% state-backed, worth up to £50,000, and with no interest charged or repayments needed in the first 12 months.

    • Senior Money Writer-Mortgages Expert
  6. www.british-business-bank.co.uk › finance-optionsFAQs - British Business Bank

    What is the Bounce Back Loan Scheme? Am I eligible? (updated 09 November 2020) How do I apply? How long is the Scheme open? (updated 01 April 2021) Scheme terms. What products are available under the Bounce Back Loan Scheme? How much can I apply for? (updated 11 November 2020) How long will it take me to get the funds?

  7. The Bounce Back Loan Scheme (BBLS) was designed to enable businesses to access finance more quickly during the coronavirus outbreak. It closed to new applications and applications for Top-ups, on 31 March 2021.

  8. The Bounce Back Loan (BBL) Scheme is part of the banking and finance industry’s package of support to help SMEs through these dificult times. BBLs sit alongside assistance such as capital repayment holidays, overdrafts, working capital extensions and asset-based finance, and are part of the series of government measures which includes.

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