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Sole trader - Bounce back loan liability?

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    Sole trader - Bounce back loan liability?

    Hi all,

    Any help would be great...

    Wanting to apply for a bounce back loan but concerned about the personal liability and losing a house if all went wrong.

    As a sole trader can a bounce back loan be applied for but under a new ltd company?

    Thanks in advance.

    #2
    Originally posted by nt50 View Post
    Hi all,

    Any help would be great...

    Wanting to apply for a bounce back loan but concerned about the personal liability and losing a house if all went wrong.

    As a sole trader can a bounce back loan be applied for but under a new ltd company?

    Thanks in advance.
    Was the new limited company created after 31st March 2020? If so it doesn't qualify.
    merely at clientco for the entertainment

    Comment


      #3
      Good try sir

      Like your thinking but when was limited company incorporated ?


      Sent from my iPhone using Contractor UK Forum

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