Bounce Back Loans

Articles and news on the Bounce Back Loan Scheme that was introduced by the UK government to support businesses during the coronavirus (COVID-19) pandemic.

News

Swap Bounce Back debt for employee equity, say industry experts

The FSB and Ownership at Work suggest that swapping Bounce Back debt for employee equity could save small firms from closure.

Business Loans

Small business owners who duck out of repaying Covid debt face ban

Insolvency Service given power to investigate company directors who deliberately wind up firms to avoid repaying emergency Covid-19 debt

Business Loans

Small businesses struggling to get credit from Recovery Loan Scheme

Applications for Recovery Loans, designed to replace Bounce Back Loans, were in the 'low thousands' in the first week of the new scheme going live, according to reports

Business Loans

Covid debt drowning small businesses to the tune of £104bn

Bank lending to small businesses rockets by 82% as owners scramble for Government coronavirus support

Business Loans

Government Bounce Back Loan for your small business

Everything you need to know about the Covid Bounce Back Loan Scheme – what it is, who offers them, and how much it will cost your small business to take out a loan.

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Bounce Back Loan repayment calculator – how much will your loan cost?

How much will your Bounce Back Loan cost? Use our Bounce Back Loan calculator to find out

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What happens if I can’t repay my Bounce Back Loan?

If my company goes bust, do I still have to repay the Bounce Back Loan? And what happens if I need more time to repay my small business debt?

Business Loans

Which banks offer Bounce Back Loans? – how to find a BBL lender

Do you need to already be an existing bank customer to get a Bounce Back Loan? Which banks offer Bounce Back Loans to new customers?

Business Loans

Banks set to scrap plans for Bounce Back Loan debt collection agency

Lenders abandon plan for single emergency Covid-19 loan repayment agency, saying it would be too complicated

Business Loans

Microbusiness £50,000 Bounce Back Loans – how they work

Government announces 12-month interest-free microbusiness Bounce Back Loans scheme with £50,000 limit and 100% guarantee

Business Loans

Writing off Bounce Back Loans would be best thing to do, say accountants

MPs say debt recovery plans for business loans remain ‘woefully underdeveloped’ in withering assessment of Bounce Back Loan scheme

Business Loans

A guide to getting a business loan during Covid-19

Your business needs a government-backed loan but you don’t know where to begin. Funding Options works with 40+ lenders enabling you to make the best choice