If you’re wondering about funding updates around bounce back loans, then keep reading this blog.
The Bounce Back Loan Scheme has been extended until 31st March 2021. GREAT NEWS for those that don’t have a loan yet.
Unfortunately, most banks are not taking new customers.
There are still a few banks that accept applications. You might need to check from time to time the government website to check who is lending right now, they’re always adding new lenders all the time.
I would suggest that that’s the first place that you go and get a bounce back loan is your current bank.
If you don’t have an account, that’s where things start getting a little difficult in the market, because most banks are not taking on new customers.
Now the few that are taking on new customers Starling bank is probably the easiest and so Starling bank is an online bank, you can get their app in the app stores.
Starling is bank of the year its super simple to get an account just apply by their app.
Metro bank is also a good one as well. They are opening accounts, and then sometimes they’re putting freezes on that opening of accounts so you need to regularly check back.
Another option is funding circle, they’re doing really good stuff. Check the funding circle, Starling bank, and also Metro bank, those are the ones that I would focus on first right now.