I know these are super uncertain times and no one can really predict what will happen but it does anyone have any good financial knowledge about what will happen with banks after this crisis?
My husband and I have been preparing to ask the bank for a big business loan. In honesty we felt like we'd be super lucky to get it but we have a good business idea, our accountant said our books are good and we were feeling optimistic
Anyway, are the banks likely to be tougher when this is done? Someone told us theyd be begging people to lend money and interest rates would be good but I have no idea about this kind of thing?
I'm worrying because I will probably be made redundant after corona, our new business can support us both but without the big loan there will be big changes (I cant really go into without being outing) and we might end up me jobless and us losing our home.