The digital bank was among lenders approved to offer loans under the May 2020 scheme. The BBL scheme, for which Starling’s applications opened on 11 May, 2020, offers SMEs a 100% government-backed guarantee for loans between GDP 2,000 and GDP 50,000. Apart from offering government-backed loans, Starling also has other support measures in place to help its customers who are experiencing the coronavirus-related effects.
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