The Bounce Back Loan Scheme (BBLS) triggered unprecedented borrowing volumes among UK businesses in mid-2020. Although government-backed guarantees are in place; where BBLS loans go bad, lenders face reputational, administration and refinancing costs.
In this paper, we analyse early indicators to explore:
- how well UK businesses have bounced back
- their ability to pay back their loan
- how lenders can mitigate the impact against themselves
Complete the form below and read our latest whitepaper “The Bounce Back Loan Scheme: a thriving SME economy or an artificial one?” to unpack how well UK businesses have bounced back, and the impact the hidden costs on lenders as a result.