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Daily Archives: June 7, 2021

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Recovery Loan Scheme – the successor to the BounceBack and Cbil loan

Coronavirus Assistance, Limited Companies, PlanningBy SimonJune 7, 2021

Following on from the closing of the Bounceback and Cbil loan schemes on the 31st March 2021, the replacement to these has been announced. From the 6th April 2021, applications for the new Recovery Loan Scheme will open, allowing businesses to access loans between £25,000 and £19 million, with 80% of this being guaranteed to…

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