Forum | For those that have gone for the Govs Bounce Back Loan. by homer_123

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For those that have gone for the Govs Bounce Back Loan. 10:42 - May 5 with 930 views

If repaid in the first 12 months....do you pay any interest?

It's clear there are no early redemption charges but if the Gov are covering the first year...I wonder if you'd pay any interest if cleared within that period?

UPDATE: HSBC confirmed no charges or interest charges if cleared with the first 12 months.

[Post edited 5 May 2020 11:18]

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For those that have gone for the Govs Bounce Back Loan. on 10:47 - May 5 with 910 views

Chutney

I didn't see that laid out anywhere, but give there's no early repayment fee and no interest payable in Y1, I would guess not.

For those that have gone for the Govs Bounce Back Loan. on 11:14 - May 5 with 873 views

homer_123

For those that have gone for the Govs Bounce Back Loan. on 10:47 - May 5 by Chutney
I didn't see that laid out anywhere, but give there's no early repayment fee and no interest payable in Y1, I would guess not.

Not seen anything anywhere either but given the Gov are footing the bill...I'm kinda expecting to.

	Ade Akinbiyi couldn't hit a cows arse with a banjo...
Poll:	As things stand, how confident are you we will get promoted this season?

For those that have gone for the Govs Bounce Back Loan. on 11:19 - May 5 with 862 views

homer_123

For those that have gone for the Govs Bounce Back Loan. on 10:47 - May 5 by Chutney
I didn't see that laid out anywhere, but give there's no early repayment fee and no interest payable in Y1, I would guess not.

You are right. HSBC just confirmed...no charges or interest if cleared within the first 12 months.

	Ade Akinbiyi couldn't hit a cows arse with a banjo...
Poll:	As things stand, how confident are you we will get promoted this season?

For those that have gone for the Govs Bounce Back Loan. on 12:17 - May 5 with 814 views

factual_blue

Is this related to Joe Royle's 'bouncebackability' by any chance?

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For those that have gone for the Govs Bounce Back Loan. on 15:34 - May 5 with 763 views

Lord_Lucan

Yeah, no charge.

Haven't done mine yet.

Mate done his yesterday for £32k (his max) and he got it today.

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