The scheme launches today offering small and medium sized businesses a fast tracked loan up to a maximum value of 50k.
The loan will be 100% guaranteed by the government with no arrangement fee or interest and capital payments in the first 12 months.
Key eligibilities for the loan are that the business is based in the UK, negatively effected by the Coronavirus and was not undertaking difficulty on the 31st December 2019.
For more information go to The British Business Bank website
