11-08-2020 16:11 via retailgazette.co.uk

Government loans for small retailers & businesses tops £35bn

// Treasury approves 1.15 million applications to use the Bounce Back Loan Scheme totalling in £34.96bn worth of claims
// BBLS offers loans that are 100% covered by the state, valued at up to £50,000, to small retailers and businessesThe government-backed loans introduced to support small retailers and other small businesses amid the Covid-19 pandemic have reportedly topped £35 billion.
The Treasury revealed that 1.15 million applications to use the Bounce Back Loan Scheme tot
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