24th Nov, 2020

Bounce back loans available to small businesses in Bromsgrove, Rubery and south Birmingham

SMALL businesses in Bromsgrove and Droitwich can now benefit from a new fast-track finance scheme providing loans with a 100 per cent government-backed guarantee for lenders.

The new Bounce Back Loans scheme, which will provide loans of up to £50,000, helps bolster the existing package of support available to the smallest businesses affected by the coronavirus pandemic.

It means as of this week small business owners can apply to accredited lenders by filling out a simple online form.

This latest scheme follows a raft of measures to support small businesses.

The Bounce Back Loans scheme has been designed to ensure small firms who need cash injections to keep operating can get finance in a matter of days.

Central government will provide lenders with a 100 per cent guarantee for the loan and pay any fees and interest for the first 12 months during which no repayments.

The loans are available through a network of lenders, including the five largest banks.

Click here for more information on Bounce Back Loans.

Public Notices

View and download all of the public notices in the Bromsgrove Standard

Buy Photos

Buy photos online from the Bromsgrove Standard newspaper

Podcasts

Now, every week, you can also listen to a roundup of Bromsgrove & Droitwich Standard Local News

Online Editions

Catch up on your local news by reading our e-editions on the Bromsgrove Standard