Government-backed Bounce Back Loans and Additional Information | COVID-19 Information for businesses | Sutton Council
COVID-19 (Coronavirus) : Latest information and advice

What is the current situation with the COVID -19 (Coronavirus) and where to find more information.

Information from the London Borough of Sutton

COVID-19 Information for businesses

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: 

Letter to contracted suppliers from Richard Simpson, Strategic Director of Resources (Section 151 Officer) - Thursday 02 April 

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.