Commercial Mortgages – Cheaper & For Any Business Purpose? Lower cost and more flexible commercial mortgage lending sounds great. Doesn’t it? Let’s bring back an old friend to help, The Recovery Loan Scheme. Now branded as the trendy new RLS 3.0, it’s almost as if the British Business Bank asked Apple what to call the
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Your Bounce Back Loan Options The video below was released by the British Business Bank and applies to all bounce back loans regardless of which lender you borrowed from. As repayments start to fall due, you now have a few options should you need to buy a little more time or want to shield your
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Recovery Loan Scheme (RLS) The successor to CBILS and BBLS (and probably EFG also) remains on track to launch on 1st April, traditionally not a good day for anything to be taken too seriously, however there are some serious facts emerging. For details on how to apply then click here and we will send them
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CBILS for franchised & franchise businesses The Coronavirus business interruption loan scheme is pretty well known. It seems to have been extended more times than the last video I hired from Blockbuster in 1997. Like Blockbuster, the end is nigh for the scheme as it currently stands and a further extension looks unlikely, with that
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Increasing Bounce Back Loans & Interruption Loans There has been a fair bit of change around the terms on which these loans were offered. Some of it, I’m pleased to say has seen common sense prevail. That said, the deadline for these loans remains 31st January and there doesn’t look like being a further extension.
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Winter Economy Plan – What the Loan Changes Mean Let’s try and inject some clarity into the Chancellor’s announcement earlier today about the Coronavirus Business Interruption Loan Scheme and the Bounce Back Loan Scheme. The first thing to make clear is that we have the headline detail but how those details will translate and how,
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