HSBC Bounce Back Loan

HSBC Bounce Back Loan

HSBC Bounce Back Loan Repayment Extension in the United Kingdom

In April 2020, the government launched their Bounce Back Loan Scheme (BBLS) to help small and medium-sized businesses through the coronavirus pandemic. It allowed companies to borrow up to £50,000, depending on turnover, at a very low-interest rate and without having to pay a penny towards paying back the loan for 12 months. The government …

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