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Showing posts from November, 2020

Successfully applying for Bounce Back Loan Scheme (BBL)

The UK Government suggested the Bounce Back Loan Scheme (BBL). The loan is designed to be easy to apply for, using an internet application form with just seven queries on it. However, like any loan, even if it's rejected because of an incorrectly answered question, attempting to apply for this a second time will probably be just about impossible. However, you can find the best accountants in London  that offer affordable accounting and tax services Crucial points of this BBL scheme: The loan is currently 100 percent government-backed for creditors, allowing for reduced rates of interest. (Presently, this is put to a level rate of 2.5 per cent interest). You may borrow between #2,000 and # 50,000" together with the money coming within days". When a person applied and been accepted for Coronavirus Business Interruption Loan Scheme, then they are capable of getting a new loan strategy. The government will foot the bill of almost any penalties or interest for the first 12 wee