31 March deadline for businesses to apply for Greater Manchester Bounce Back Loans Date published: 15 February 2021
Richard Jeffery, Director of Business Growth at GC Business Growth Hub
Businesses in Rochdale struggling due to the coronavirus pandemic are being reminded by GC Business Growth Hub that loans of up to £50,000 are available to support them but time is running out to apply.
Greater Manchester Combined Authority launched a £10m GM Bounce Back Loan Scheme (BBLS) in November to specifically support small and medium sized businesses such as sole traders, entrepreneurs and business owners.
The fund is for eligible SMEs based in and trading from Greater Manchester, who are unable to access Bounce Back Loans from their own banks. The deadline for applications is 31 March, and the scheme will close once the fund is fully committed.