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Hi have tide given up trying to secure funds for bounce back loan ?

  • created

    Jan 6
  • last reply

    Jan 14
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8 days later

Hello @Neil50,

Thank you for getting in touch.

Before we paused lending, we were talking to various potential funding partners to try to raise money to lend to members as Bounce Back Loans. However, the design of the loan scheme made it much more difficult than we expected - the financial institutions we spoke to weren’t willing to lend to us under the terms of the scheme.

You can read more in this letter to members from our CEO, Oliver Prill 4.

Let me know if I can help you with anything else.