Government-backed Bounce Back Loans and Additional Information
100% government-backed bounce back loans available to small businesses
On 4 May, the government will be launching a fast-track finance scheme for small businesses to borrow between £2,000-£50,000, and access the cash loan within days of applying. These loans will be interest free for the first 12 months, and will be applied for through a short and simple online form accessed through a network of accredited lenders. This scheme is designed to ensure that small firms who need a vital cash injection to keep operating can get finance in a matter of days.
Additional information, advice and support is available to businesses impacted by COVID-19:
The London Growth Hub offers fact sheets, guides, checklists and one hour telephone appointments.
The Federation of Small Businesses (FSB) provides advice and webinars.
You can subscribe to the Business Readiness Newsletter from the Department for Business, Energy & Industrial Strategy for updates on the Government's response to COVID-19.
This page provides a summary of support administered by the Council. Here is a full list of all government support available.