top of page

Bounce Back initiative drives SME loans

  • Writer: Ava
    Ava
  • Jul 13, 2020
  • 1 min read

Updated: Jul 14, 2020


Bounce Back initiative drives SME loans

While lending to small businesses has seen flat growth in recent years, with a record of £589m seen in September 2016, the Government’s coronavirus support initiative has delivered a huge jump. Loans to SMEs rose 11.8% in May, with the Bounce Back Loan Scheme seeing borrowing soar.


Read more: The Sunday Times


Comments


bottom of page