New 100% government backed loan scheme for small business

Small businesses will benefit from a new fast-track finance scheme providing loans with a 100% government-backed guarantee for lenders, the Chancellor announced today (Monday 27 April).

• Businesses will be able to borrow between £2,000 and £50,000 and access the cash within days
• Loans will be interest free for the first 12 months, and businesses can apply online through a short and simple form

Click here to read the full story on Gov.co.uk

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