With over 12 years of experience we help companies reach their financial and accounting goals. Abishel Accounting is a values-driven consulting and accounting firm.

Abishel Accounting

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Bounce Back Loan Terms

Bounce Back Loans (BBLs)are for UK incorporated companies that have been negatively been impacted by Coronavirus.
** The company should have been incorporated on or before 31 March 2020
** The bank will only establish if the company is not bankrupt or undergoing liquidation
** Applications can be done until 30 November 2020
** Payouts are made really quick as 25% of previous year turnover or estimated future turnover depending on circumstances.
** Repayments only start after 12months
** There are no set up fees
** Interest is fixed at 2.5%
** No personal guarantees required
BBLs are available if you bank with the major high street banks in the UK. Most online based banks do not have the facility


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