www.iva.co.uk

Hi,
I am a sole trader, since about a year under personal IVA. My provider gave me a permission to apply for the bounce back loan. But when I start the application I need to declare that I am not under IVA.... Does it apply to personal ones as well? do I have any other option to get any business loan?
Thanks in advance

Kindest regards

Unfortunately, as a sole trader, there is no partition between your business and personal finances, so the IVA means that your business is not regarded as viable, which is the first condition of applying for a BBL.