8th February 2021
Bounce Back Loans – If any member has a bounce back loan, the Chancellor has today announced that businesses who took out government-backed Bounce Back Loans to get through Covid-19 will now have greater flexibility to repay their loans.
Businesses will now be able to:
- Extend the length of the loan from six years to ten
- Make interest-only payments for six months, with the option to use this up to three times throughout the loan
- Pause repayments entirely for up to six months
The full statement can be found here.
Miles for Smiles – Our intrepid smilers are clocking up those miles – check out what’s happening on FaceBook (https://www.facebook.com/bactauk), or get involved by contacting Steph Norbury (firstname.lastname@example.org). Also please check out the below update from Rays of Sunshine that shows what donations to the Bacta Charitable Trust can do. To make a donation please visit the Miles for Smiles just giving page here https://www.justgiving.com/crowdfunding/bactamilesforsmiles.
Euromat Seminar on Re-Opening – Please see below inviting you to join tomorrow’s (Tuesday 9th February) Euromat webinar: From Reopening To Recovery – Opportunities Post Covid – Preview
If you would like to join this webinar then please register below.
Please note it is 11:30 CET so 10.30 UK time…