Bounce Back Loan (BBL)
Lending from £2K to £50K over 6 years for businesses impacted by coronavirus. No interest payments for 12 months.
Security may be required. Product fees may apply. Over 18s only. Subject to status and eligibility criteria. Business use only.
Lending from £2K to £50K over 6 years for businesses impacted by coronavirus. No interest payments for 12 months.
If you've borrowed less than 25% of the annual turnover on your BBL application, you could apply for a Top-Up subject to an overall cap of £50K. Eligibility criteria applies.
Loans of up to £5 million and no interest payments for 12 months for small businesses directly affected by coronavirus.
Loan Terms and Revolving Credit Facilities to support businesses with a group turnover of over £45m, to access loans up to £200m.
This scheme helps large businesses affected by coronavirus through the purchase of their short-term debt.
Additional one-off grants will be available in England to support businesses impacted by coronavirus through the latest restrictions. Find out more on Gov.uk.
Additional one-off grants will be available in Scotland to support businesses impacted by coronavirus through the latest restrictions. Find out more on Gov.scot.
Additional support will be available in Wales, if your business is impacted by coronavirus through the latest restrictions. Find out more on Gov.wales.
This scheme will issue convertible loans between £125,000 to £5 million to innovative companies which are facing financing difficulties due to the coronavirus outbreak.
The government has announced an extension to the SEISS grant.
If you're self-employed and have been affected by coronavirus, you may be able to apply for two grants up until the end of April 2021. Check your eligibility and how to claim on the government website.
The government has announced it will extend the temporary 15% VAT cut for the tourism and hospitality sectors to the end of March 2021.
Choose how and when you can delay making your second payment on account for the 2019 to 2020 tax year.
You may be able to delay some tax payments without paying a penalty, if you're unable to pay on time because you've been affected by coronavirus.
If your business is in the retail, hospitality or leisure sector, or a nursery, you may be eligible for business rates relief.
There are two schemes available to businesses, the Coronavirus Job Retention Scheme for staff being furloughed and the Job Retention Bonus for staff who have been previously furloughed. You can find out more about these schemes, and if you qualify for them, on the government website.
If you're an employer, find out if you can use the Coronavirus Statutory Sick Pay Rebate Scheme to claim back employees' coronavirus-related Statutory Sick Pay.
Find out what financial support schemes you may be eligible for.
Support is available to employers and the self-employed, including sole traders and limited company directors.
Guided support and information for businesses facing urgent difficulties due to coronavirus.
BBL, CBILS and CLBILS are managed by the British Business Bank on behalf of, and with the financial backing of, the Secretary of State for Business, Energy & Industrial Strategy.
British Business Bank plc is a development bank wholly owned by HM Government. It is not authorised or regulated by the PRA or the FCA.
Visit british-business-bank.co.uk.