If your business took advantage of the Bounce Back Loan then you will now have more flexibility when considering how and when to repay. Rishi Sunak has announced the following options:
- Extend the length of the loan from six years to ten
- Make interest-only payments for six months, with the option to use this up to three times throughout the loan
- Pause repayments entirely for up to six months
Read the complete article for further information on the Gov.uk website below;
