Bounce Back loans are from £2,000 up to a maximum of 25% of turnover, or £50,000. These are 100% backed by the tax payer (rather than 80%) with the government paying the interest for the first 12 months and with no capital or interest repayments due for one year. The loans are at 2.5% interest to be paid back over 6 years with no early repayment charge. More information is at: Bounce Back Loan announcement.