Bounce Back Loan (BBL)
Lending from £2K to £50K over 6 years for businesses impacted by coronavirus. No interest payments for 12 months.
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An overview of government support available
Government schemes and support for businesses affected by coronavirus
Overview of government schemes and support
Loan schemes OpenClose
Coronavirus Business Interruption Loan Scheme (CBILS)
Loans of up to £5 million and no interest payments for 12 months for small businesses affected by coronavirus.
Coronavirus Large Business Interruption Loan Scheme (CLBILS)
Loan Terms and Revolving Credit Facilities to support businesses with a group turnover of over £45m, to access loans up to £200m.
Covid-19 Corporate Financing Facility (CCFF)
This scheme helps large businesses affected by coronavirus through the purchase of their short-term debt.
Grant funds OpenClose
Small Business Grant Fund (SBGF)
A fund that supports small and rural businesses in England with business costs during coronavirus. If you pay little or no business rates, your business could be entitled to a one-off cash grant of £10,000 from your local council.
Future Fund
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.
Discretionary Grant Fund
Supports small and micro businesses that are not eligible for other grant schemes.
Self-employment Income Support Scheme (SEISS)
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.
Tax and rates OpenClose
Tourism and Hospitality VAT reduction
The government has announced it will extend the temporary 15% VAT cut for the tourism and hospitality sectors to the end of March 2021.
Defer your Self Assessment payment
Choose how and when you can delay making your second payment on account for the 2019 to 2020 tax year.
If you can’t pay your tax bill on time
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.
Business rates relief
If your business is in the retail, hospitality or leisure sector, or a nursery, you may be eligible for business rates relief.
New Payment Scheme - VAT
Businesses that defer VAT will have the option to pay back in smaller installments interest free during the 2021/22 financial year.
Your employees OpenClose
Job Support Scheme
The government will introduce the new Job Support Scheme from 1 November. It will run for 6 months to protect viable jobs in businesses that face lower demand in the winter months.
Coronavirus Job Retention Scheme (ending soon)
If you can’t maintain your current workforce due to the impact of coronavirus, you can apply for a grant to cover the majority of their wages.
Statutory Sick Pay (SSP) due to coronavirus
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.
Government support finder tool
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. You may be eligible for loans, tax relief and cash grants. Use the support finder tool on the government website to find out what help you could receive.
Find government financial support
For more information and insights about the Chancellor's Winter Economy Plan visit the NatWest Business Hub.
Re-opening your business
Things to think about when re-opening your business and information to help you understand how to protect customers and colleagues.
Get the right help during coronavirus
Tell us about your current situation and we'll highlight the actions that could help your business recover and move forward.
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.