kıbrıs ingiltere londra lefkoşa
DOLAR
16,7628
EURO
17,5307
STERLIN
20,3304
BITCOIN
$19.298,29
Adana Adıyaman Afyon Ağrı Aksaray Amasya Ankara Antalya Ardahan Artvin Aydın Balıkesir Bartın Batman Bayburt Bilecik Bingöl Bitlis Bolu Burdur Bursa Çanakkale Çankırı Çorum Denizli Diyarbakır Düzce Edirne Elazığ Erzincan Erzurum Eskişehir Gaziantep Giresun Gümüşhane Hakkari Hatay Iğdır Isparta İstanbul İzmir K.Maraş Karabük Karaman Kars Kastamonu Kayseri Kırıkkale Kırklareli Kırşehir Kilis Kocaeli Konya Kütahya Malatya Manisa Mardin Mersin Muğla Muş Nevşehir Niğde Ordu Osmaniye Rize Sakarya Samsun Siirt Sinop Sivas Şanlıurfa Şırnak Tekirdağ Tokat Trabzon Tunceli Uşak Van Yalova Yozgat Zonguldak
LONDRA
Parçalı bulutlu
23°C
LONDRA
23°C
Parçalı bulutlu
Salı Parçalı az bulutlu
26°C
Çarşamba Kapalı
="http://www.w3.org/2000/svg" viewBox="0 0 300 300" enable-background="new 0 0 300 300">
21°C
Perşembe Parçalı bulutlu
="http://www.w3.org/2000/svg" viewBox="0 0 300 300" enable-background="new 0 0 300 300">
28°C
Cuma hafif yağmur
="http://www.w3.org/2000/svg" viewBox="0 0 300 300" enable-background="new 0 0 300 300">
25°C

Thousands of business apply for new lockdown survival loans

Thousands of business apply for new lockdown survival loans
04.05.2020
0
A+
A-

Banks have reported high volumes of interest in the scheme, which offers loans of between £2,000 to £50,000 that 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.

Ministers say access should be easier for firms to navigate as the standardised form has only seven questions.

Banks handling the loans will not be required to run credit checks or assess the long-term viability of applicants.

HSBC said it had received 12,830 loans by midday – three hours after the system opened.

Lloyds had 2,000 applications in the first two hours, with an average loan size request of £35,000.

Barclays had reported 200 in the first minute, saying it had already approved each of them.

The bank reported high demand for the service. It is understood it took over 1,000 applications in the first couple of hours.

A Barclays spokesperson said: “We launched the Bounce Back Loan scheme this morning and have already processed significant numbers of applications for our customers.

“Due to the extremely high level of demand, some customers will see availability later on today.

“Getting funds out to small businesses as quickly as possible is our number one priority right now and we’re working as fast as we can to get funds into the hands of our customers.”

As the micro loans got into gear the government confirmed the Job Retention Scheme, known as the furlough scheme, was covering wages of up to £2,500 a month for 6.3 million workers at a cost of £8bn.

The Bounce Back Loans, of up to six years, were revealed by the Chancellor just a week ago amid frustration that money from the Coronavirus Business Interruption Loan Scheme (CBILS), designed for small and medium-sized firms, was slow to leave banks.

Lenders are liable for 20% of the risk under CBILS and business groups said evidence of lenders dragging their feet meant the taxpayer should underwrite 100% of the loans.

The speed of processing applications under the scheme has drawn unfavourable comparisons with similar initiatives in Germany and Switzerland.

Senior banking executives told the Commons Treasury select committee on Monday that the primary reason was that those countries had offered 100% state guarantees from the start.

“That therefore alleviated some of this pressure on banks to do affordability and the viability checks,” said David Oldfield, chief executive of commercial banking at Lloyds.

Banking industry figures last Thursday revealed that £4.1bn had been dispersed to more than 25,000 firms under the CBILS scheme to date.

The Treasury said in a statement: “The Bounce Back Loan scheme is the latest step in a package of world-leading support measures launched by Chancellor Rishi Sunak – with £7.5bn already awarded in business grants, four million jobs supported through the job retention scheme and generous tax deferrals supporting hundreds of thousands of firms.”

Mr Sunak added: “Small businesses will play a key role creating jobs and securing economic growth as we recover from the coronavirus pandemic.

“The Bounce Back loan scheme will make sure they get the finance they need – helping them bounce back and protect jobs.”

ETİKETLER: , , ,
Yorumlar

Henüz yorum yapılmamış. İlk yorumu yukarıdaki form aracılığıyla siz yapabilirsiniz.