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Coronavirus Business Interruption Loan Scheme

Support for businesses impacted by Coronavirus

We're here to support our customers during the Covid-19 outbreak and have been confirmed as an accredited lender to offer the Government’s recently announced Coronavirus Business Interruption Loan Scheme (CBILS).

The scheme enables us to offer businesses a government backed lending facility where they meet the British Business Bank’s eligibility and our credit criteria, but wouldn’t ordinarily be able to access lending products because of availability of security.  If you are eligible within our existing lending criteria, the British Business Bank scheme rules mean that this scheme does not apply.

Businesses with a turnover up to £45 million will be able to access a minimum of £25,000 up to a maximum of £5m to support them during the COVID-19 pandemic.

Please note, the customer remains liable for repayment of 100% of the loan.  If Bank of Scotland do not currently provide you with transactional banking facilities, please speak to your main bank for support in the first instance.

To find out more about the scheme please visit the British Business Bank website.  

We are facing an unprecedented level of customer demand and are endeavouring to do all we can to meet customer requests. 

To ensure your enquiry is correctly handled, please review the three eligibility sections below:

Section 1 - Eligibility criteria questionnaire

If you can answer ‘yes’ to all of the following questions, you may be eligible for the government-backed scheme.

All decisions are subject to credit decision.

  1. Are you an existing Bank of Scotland customer?
  2. Are you requesting funding of £25,000 or more?
  3. Is your enquiry for finance as a result of the Coronavirus pandemic?
  4. Are you a small or medium-sized enterprise with a turnover of less than £45m?
  5. If you’re borrowing less than £5m in total (including any existing Enterprise Finance Guarantee loans), is this for a maximum of 6 years?  
  6. Does, or will, your business generate 50% or more of its income from selling goods or providing services?
  7. Is your business based in the UK, and will the loan be used to support trading in the UK?
  8. Are you applying for a loan in Pound sterling (GBP)?
  9. Is the main reason for seeking finance to support investment, increase working capital, fund business growth or acquisitions, or to refinance existing borrowing?

Section 2 - Industry eligibility

A small number of industries are not eligible under the British Business Bank scheme rules. If your industry appears in the list below, you will not be able to apply for a loan through this scheme.

  • Banks, Building Societies or Insurance.
  • Primary and General secondary education.
  • Business and employers membership organisations; trade unions; religious organisations; political organisations, or households as employers of domestic personnel.
  •  Undifferentiated goods- and services-producing activities of private households for own use.

If your industry does not appear in the list above, then you may be eligible for the government-backed scheme. 

A small number of industries are eligible for the scheme, but may not be eligible for the full loan amount. If your industry appears in the list below, you may not qualify for the full interest and fee payment: 

  • Fishery, aquaculture and agriculture businesses.

A full list of eligible and excluded sectors can be found here

Section 3 - Additional British Business Bank Scheme Criteria

For facilities with a proposed maturity after 31 December 2020, the facility amount should not exceed: 

(a) twice the annual wage bill of the beneficiary (including social charges as well as the cost of personnel working on the undertakings site but formally in the payroll of subcontractors) for 2019, or for the last year available. In the case of undertakings created on or after 1 January 2019, the maximum loan must not exceed the estimated annual wage bill for the first two years in operation;


(b) 25% of total turnover of the beneficiary in 2019;


(c) with appropriate justification and based on a self-certification by the Applicants of its liquidity needs, the liquidity needs of the Applicant from the moment of granting for the coming 18 months. The Applicant’s liquidity plan may include both working capital and investment costs. 

You can now proceed with your enquiry form, if you’ve answered ‘yes’ to all of the questions. 

Next steps:

Customers with a dedicated Relationship Manager


Please contact your Relationship Manager in the first instance to enquire about your application. 

Bank of Scotland Business Banking customers

Download your enquiry form

Please download, complete and email your form to our mailbox listed below to start your enquiry. 

Download formPDF



Returning your enquiry form

If you are an existing Bank of Scotland Business Banking customer please email your form to Covid19businessloan@lloydsbanking.com.

Please include your contact details and a telephone number so we can call you back.

Due to unprecedented levels of demand, some customers are currently experiencing issues with returning the form to our mailbox. If you experience any issues, please try to email your completed form again later today. Please ONLY email the enquiry form, do not email any extra documents to support your request. If any extra information is needed, we will ask for this when we call you back.

Thank you for your patience.


To assess a new lending request we will potentially need supporting information. Please ensure you have the following available before submittingso we can help you as quickly and efficiently as possible.

  • Financial Accounts – last 3 years (if sole trader or partnership – Tax returns SA302)
  • Personal income and expenditure document completed for all directors/shareholders of the business

Dependant on individual circumstances we may require further information however your experienced lending manager will be able to discuss this with you. 

If you have answered 'No' to any of the eligibility questions we may still be able to support you via our wider lending proposition, please review your options at: https://business.bankofscotland.co.uk/


All lending is subject to a satisfactory credit assessment and we will need your permission to carry out a credit check on you and your business. You should not apply for an amount that you cannot comfortably afford to repay now and in the future to avoid the possibility of legal action.

Disclaimer: This is a provisional assessment of eligibility only. This is not an offer of support or confirmation that you'll be eligible for support. An offer of support will be dependent upon a full credit assessment and further checks to confirm scheme eligibility. The Coronavirus Business Interruption Loan Scheme (CBILS) is managed by the British Business Bank on behalf of, and with the financial backing of the Secretary of State for Business, Energy and Industrial Strategy (BEIS).

Full details on CBILS eligibility criteria and the list of participating CBILS lenders can be found on the British Business Bank website at: www.british-business-bank.co.uk/CBILS