ASK THE EXPERT on BOUNCE BACK LOANS
As the Treasury's new Coronavirus Bounce Back Loan Scheme launches today, Monday 4 May 2020, we invite Sunderland businesses to join us in our 'Ask the Expert' to answer any questions or queries they may have about the scheme.
The scheme, aimed at small businesses, offers loans via banks of between £2,000 to £50,000, which are 100% guaranteed by the government.
The money is interest and payment free for the first year - with rates of 2.5% per annum after the first 12 months.
ABOUT OUR EXPERT
Having worked in Commercial Banking for a Highstreet bank for over 10 years, Managing Director of Bespoq Finance, Lucy Hope, saw the industry change from a focus around Relationship Management to a clear strategy to cut costs and maximise short term profits.
As a result, many small business owners no longer have a Bank Manager, classed as a trusted advisor, who understands their plans.
At Bespoq, Lucy believes in giving wings to your dream of having a successful business. And that means matching your requirements with funding providers across the market and considering proposals that do not meet typical bank lending criteria.