A Guide to Bounceback Loans for Company Directors

Bounce Back Loans were introduced swiftly in response to the COVID-19 pandemic, providing much-needed financial support to businesses. However, their quick availability and ease of application have led to some challenges for directors. In this guide, we will look into the intricacies of bounce-back loans, discussing eligibility criteria, repayment terms, common misconceptions, and what to do if repayment becomes difficult.