Launch of Recovery Loan Scheme
7th April 2021
Yesterday, the government launched a new loan scheme to provide further support to protect businesses and jobs.
Businesses – ranging from coffee shops and restaurants, to hairdressers and gyms – can now access loans varying in size from £25,000, up to a maximum of £10 million. Loans will include 80% government guarantee and interest rate cap.
You can find full details here.