Those who are eligible include businesses which are running by March 1 this year, were not in difficulty on December 31 last year , is currently not using another loan scheme from the government such as Coronavirus Business Interruption Loan Scheme or Coronavirus Large Business Interruption Loan Scheme, is not in debt, liquidation or restructuring.
Martin said the Bounce Back Loans are a “potential stop-gap” for businesses and self-employed affected by the virus – but should be taken with caution.
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Wouldn't mind a beer with this guy. Seems like a genuinely nice guy who wants to help others. I do find he's over doing it with online advertising though ;)