By using Apprenticeforums services you agree to our Cookies Use and Data Transfer outside the EU.
We and our partners operate globally and use cookies, including for analytics, personalisation, ads and Newsletters.

  • Join our UK Small business Forum

    Helping business owners with every day advice, tips and discussions with likeminded business owners. Become apart of a community surrounded by level headed business folk from around the UK

    Join us!

Is the bounce back loan literally money for nothing?



Verified Member
The terms for the bounce back loan seem very attractive. No charges or interest for a year and even after that, for the next five years the rate is fixed at 2.5%. Anyone got any interesting ideas for a six-year investment?


New Member
It is interesting. Do you have a more detailed description of these services? I just took out a loan on Finpedia regularly. Every time I asked them for various details about this, they repeatedly repeated all the conditions. When they had any new services, they always notified me about it. I am happy that I was able to find a bank with such services. I just had cases when I contacted banks that cheated me out of money (I lost a lot of money). I was young and thought that the services of a lawyer or a financial adviser were not necessary at all.