As part of Rishi’s announcement yesterday it was revealed that the application deadline for BBLS and CBILS loans will be extended to 31.01.21.
He also announced that the BBLS’s rules will be adjusted to allow those businesses who have borrowed less than their maximum (i.e. the lower of £50,000 or less than 25% of their turnover) to top-up their existing loan.
As always if you have any queries in regards to the above please do not hesitate to get in touch.
Telephone Number: 01392 360008