bounce back loan scheme Archives | Taxfile https://www.taxfile.co.uk/tag/bounce-back-loan-scheme/ Tax advice & accounting services for South London businesses & SMEs Thu, 13 Mar 2025 15:50:49 +0000 en-GB hourly 1 Recovery Loan Scheme https://www.taxfile.co.uk/2021/04/recovery-loan-scheme/ Thu, 22 Apr 2021 12:59:06 +0000 https://www.taxfile.co.uk/?p=5720 The Bounce Back Loan Scheme (BBLS) application entries terminated on 31/03/2021 and now the government has introduced the Recovery Loan Scheme to finance UK businesses as they grow and recover from the disruption of the COVID-19 pandemic. The government guarantees 80% of the finance to the lenders, meaning the necessity of credit checks on the […]

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]]> Bounce Back Loan Applications & Top-Ups ENDING https://www.taxfile.co.uk/2021/03/bounce-back-loan-applications-top-ups-deadline/ Mon, 01 Mar 2021 13:51:12 +0000 https://www.taxfile.co.uk/?p=5481 Applications for the Bounce Back Loan Scheme (BBLS) come to a close on 31st March 2021. The purpose of the scheme was to allow small businesses, regardless whether they were sole traders, partnerships, or limited companies, a way of getting a cash flow worth 25% of their turnover (within the range of £2-£50k) to support […]

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]]> Latest News on Gov. Grants, Support, Loans, Deadlines & More https://www.taxfile.co.uk/2021/02/e-newsletter/ Fri, 19 Feb 2021 14:12:34 +0000 https://www.taxfile.co.uk/?p=5344 Latest e-Newsletter Confirms Important Updates

Don't miss our latest newsletter. Published just this week, it includes several updates on the latest Government support for small businesses during the pandemic, including ...

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]]> Bounce Back Loans for Struggling Businesses: Ending 30 November! https://www.taxfile.co.uk/2020/10/bounce-back-loan-scheme/ Wed, 07 Oct 2020 14:32:19 +0000 https://www.taxfile.co.uk/?p=4644

If your small or medium-sized business has struggled due to adverse trading conditions caused by the pandemic, it may be eligible for a support loan through the Government's Bounce Back Loan Scheme ('BBLS'). However, time is running out — you only have until 4 November 2020* to arrange the loan with a lender. That's just a few weeks away at time of writing. There are some great features, so don't miss out if you need financial support ...

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