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Bounce Back Loan up to £50,000

The Bounce Back Loan Scheme (BBLS) helps smaller companies to get quicker access to funding during the coronavirus outbreak. Bounce back loans are 100% backed by the Treasury in the hope this will speed up lending to those businesses impacted by the Coronavirus pandemic. Here’s what we know so far, and we’ll update you as soon as we hear more.

Who can apply?

  • Small companies, sole traders and partnerships can apply
  • You need to be based in the UK
  • You are negatively affected by COVID19
  • You can borrow up to 25% of 2019 revenue or £50,000, whichever is higher
  • You'll have to self-certify that your business is eligible as part of the application

How it works

  • You can apply from 9am Monday 4 May 2020
  • There will be a network of accredited lenders
  • It’s likely that you can apply through your usual online banking site
  • Short 2 page self-certification online application form, making it easy to apply
  • Cash should be available within 48 hours of your application

You cannot apply if you’re already claiming under

  • Coronavirus Business Interruption Loan Scheme (CBILS)
  • Coronavirus Large Business Interruption Loan Scheme (CLBILS)
  • COVID-19 Corporate Financing Facility

If you’ve already received a loan of up to £50,000 under one of these schemes you can transfer it into the Bounce Back Loan scheme. You have until 4 November 2020 to arrange this with your lender.

Why us?

We are registered tax advisors

We have over 10 YEARS EXPERIENCE

We protect your data and confidentiality, being registered for AMLR with HMRC and data protection with ICO

Over 30,000 clients

We have NATIONWIDE COVERAGE

We offer very low and competitive prices without compromising the quality of the services in any way

We process requests from all over UK

We offer 100% PROFESSIONAL&RELIABLE SERVICES

You get BEST VALUE FOR MONEY

Apply for Coronavirus Bounce-Back Loan with our assistance!





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