How to Raise Money Podcast

#118 Do you need to repay your BounceBack Loan?

11.10.2021 - By Ray McLennan & Nigel T BestPlay

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Contentious? Life saving? Millstone?

The BounceBack Loan scheme has had many descriptions and everyone has an opinion on them.

The aim was to support business. It was a great way to Raise Money for many to keep your business going during lockdown BUT now the repayments have started the question is: Can You Afford To Repay?

We always believe that if you borrow, you repay. But normally that is because you chose to borrow. 

What happens when you had no choice but to borrow? 

Today Ray and Nigel look at an interesting angle regarding repaying your BounceBack Loan...Don't!

Is that right? Is that fair?

What do you think? 

PS that link re Nigel losing 13kg in weight - use this affiliate link HERE

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Before you do anything else, remember that anything Ray or Nigel talk about, share, discuss, etc is for entertainment purposes only. It is not financial, legal or any other advice of any sort! Do not rely on anything we say or share or do because we are doing it for entertainment purposes only. Think of it like this...we are discussing topics that people may like to investigate further; ideas and information that you might want to consider further; and that sort of thing. You should always seek your own independent advice from relevant people such as lawyers and accountants. Although Ray is a qualified solicitor and Nigel is a qualified accountant, we do not have any agreement with you unless expressly and clearly documented in a contract, so please just enjoy our podcast, our info and our content and use it to as a call to action to seek professional and relevant advice specific to you. Does that make sense? Are we clear on this?! If not, then drop us an email and we can tell you the above again! The reason we say this is that everyone's situation is unique and for us to share general content like we do it means it cannot possibly be taken as specific advice just for you. Happy? We certainly hope so.

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Much love and gratitude, Ray and Nigel

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