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Writer's pictureSME CofE

Launch of Recovery Loan Scheme

The Government launched a new loan scheme to provide further support to protect businesses and jobs.


Businesses - ranging from coffee shops and restaurants to hairdressers and gyms - can now access loans varying in size from £25,000, up to a maximum of £10 million. Loans will include an 80% government guarantee and interest rate cap.


Full details are available via the Government website.

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