KNOWLEDGE HUB

When the pandemic started, the government quickly introduced Bounce Back Loans to help companies get through the difficulties until a time they were back on their feet.  The take-up was massive, but not all Bounce Back Loans have resulted in a successful continuation of a business.  The lenders were not allowed to take security or personal guarantees, and in the event of non-payment, the government has agreed to reimburse the lender…read more