So we’ve teamed up with Swoop to help you navigate the application process of apply for Coronavirus loans.
Swoop is a tool that simplifies and speeds up the process of finding the right funding solution for you. They tell you which loans and lenders you’re eligible for so you can compare your shortlist of options, then once you’ve decided, they help you complete your application.
How does it work?
Currently available for Limited companies.
You’ll need to enter some details about your business, and you’ll also have the chance to connect your bank account and your accounting software. (Please keep in mind that Coconut isn’t listed for either of those things currently. To enter the information required manually, you’ll need to hit “skip” at the bottom of the screen.)
And remember: as it stands today you can only obtain the details for a Business Interruption Loan.
Swoop are currently updating their platform to be able to support Sole Traders and Bounce Back Loans. I’ll update you when this is live.
If you want to bookmark the page ahead of time, or if you’re only interested in a Business Interruption Loan, follow this link to the Swoop website.
Any questions let me know.