Loan Digest

Businesses urged to check options as bounce back loan repayments due

  • 📰 The Independent
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Companies can choose to freeze payments or pay only the interest on their loans for some months

“The Bounce Back Loan Pay As You Grow scheme offers flexibility to borrowers in managing their repayments more effectively, and businesses may access its features, such as increasing term length and reducing monthly payments, throughout the term of their loans,” he said.

 

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