Dear member,
Here are the updates from us today:
1. Bounce Back Loan Features and Application Process
Key features of the Bounce Bank Loan Scheme (BBLS):
(a) The Bounce Bank Loan Scheme is one of a number of government-backed lending schemes designed to support businesses affected by COVID-19.
(b) Lending through the Bounce Back Loan scheme is capped at £50,000. The scheme is a 100% government backed initiative for small businesses.
(c) You can apply for a loan between £2,000 and £50,000* (up to a maximum of 25% annual turnover), for 6 years.
(d) No repayments required for the first 12 months, and you won’t pay any charges should you decide to repay early. Interest rate fixed at 2.5%.
(e) A Simple online application, with funds transferred to your bank account within days of being accepted.
(f) Various terms and conditions apply however on the whole these are what you expect with most loans and most pharmacies will meet these with ease. It is very easy to apply and has great terms.
How to Apply:
- Go to your own bank’s web site (the main banks listed below) and go to the Bounce Bank Loan Scheme.
- Then complete the application which takes about 10 mins.
- You will need your bank details to apply.
- Approval is instant and after a few checks the money will arrive within a few days.
2. DoS Profile Update for Bank Holiday (8th May 2020)
(a) You must update the DoS due to the bank holiday opening requirements this Friday to ensure that NHS111 and the public know that you are open.
(b) Please access the following link (https://dos-profile.service.nhs.uk/#/index) and update the times you will be open (likely to be between 2pm-5pm).
(c) You will need you ODS code and signing in details to do this. YOU MUST DO THIS BY TOMORROW (6th May 2020).
(d) For further information on how to update the profile can be found on pages 14-20 in the manual that can be located here.
