I hope you all enjoyed the weekend. The weather was a bit hit and miss but luckily my local has put up a big marquee so Sunday lunch didn’t need to be cancelled! Today’s newsletter looks at the Bounce Back Loan repayments which will begin in June. If your business hasn’t picked back up to pre Covid levels then I understand that this may be a daunting prospect. If you have any questions or would like to discuss what this means for you and your business then please do not hesitate to get in touch. Contact details are at the bottom. Bounce Back Loan Repayment Deadline What is the issue? The first Bounce Back Loan (BBL) of up to £50,000 was provided in May 2020. No repayments needed to be made for the first 12 months from taking out the loan. The first BBL repayments will start on 1st June 2021. What do you need to think about? Did your business take out a BBL? If so, when does the 12 month repayment holiday period come to an end? Is your business in a position to meet these loan repayment