scotty12 1,888 Posted May 8, 2020 Report Share Posted May 8, 2020 Bounce back loan scheme You can still get your government grant scheme just apply through your business banking account. 100% government back loan. Up to 25% of last years turn over. No payments and no interest for the first 12 months. Then 2.5% interest https://www.british-business-bank.co.uk/ourpartners/coronavirus-business-interruption-loan-schemes/bounce-back-loans/ 1 Quote Link to post Share on other sites
Greyman 28,113 Posted May 9, 2020 Report Share Posted May 9, 2020 Good luck with that mate hope it works for you but there is so much small print and loopholes it’s not worth a wank, I,m self employed had to shut my business on the 20th March fail to meet any of the criteria for this magical free money and am living in less than £300 a month which is what they assessed I’m worth, not asking for any sympathy as it’s what I expected and I’ve always relied on me to bring home the bacon which is what I will carry on doing Quote Link to post Share on other sites
Pirate 9000 676 Posted May 9, 2020 Report Share Posted May 9, 2020 Iike anything the government gives you they give with one hand and take twice has much back with the other. 2 Quote Link to post Share on other sites
scotty12 1,888 Posted May 9, 2020 Author Report Share Posted May 9, 2020 4 hours ago, Greyman said: Good luck with that mate hope it works for you but there is so much small print and loopholes it’s not worth a wank, I,m self employed had to shut my business on the 20th March fail to meet any of the criteria for this magical free money and am living in less than £300 a month which is what they assessed I’m worth, not asking for any sympathy as it’s what I expected and I’ve always relied on me to bring home the bacon which is what I will carry on doing It’s a straight forward application hassle free mate takes 5 minutes to fill out and they will tell you if your available for it, it’s through the bank but it’s government backed whatever you’ve made last year gross profit you can claim 25% loads of people have had money in there bank within 3 days of applying you’ll never get loan deals with that interest rate Quote Link to post Share on other sites
scotty12 1,888 Posted May 9, 2020 Author Report Share Posted May 9, 2020 1 hour ago, Balaur said: If you're ltd or small business you can furlough yourself. I'm waiting on a self-employed grant, there's apparently loans nought percent available to most apparently.. https://www.walesonline.co.uk/news/uk-news/martin-lewis-says-new-government-18219863 You can still get the grant mate along with the loan Quote Link to post Share on other sites
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