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posted on May 7, 2020
Bounce Back Loan Applications (BBLS) are now being made to provide fast-track funding support for smaller businesses. The key features of the scheme are:
The Scheme is open businesses, regardless of turnover, who meet the eligibility criteria and who were established on or before 1 March 2020. Borrowers are required to declare that their business is:
A standard, simple form will be used by all lenders offering loans under the BBLS. and most lenders are taking applications directly via their websites.