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Manchester Insolvency Company Blog

All You Need to Know: Bounce Back Loans and Spiralling Debt

In these unprecedented times, no one could have foreseen how desperately businesses would struggle to survive following the impact of a global disease. The impact of Coronavirus has left all kinds of businesses across the UK in dire straits, having been in lockdown and unable to trade for months on end. After COVID-19 hit the UK, the Chancellor announced a Bounce Back Loan scheme which…

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