Coronavirus Business Interruption Loan Scheme (CBILS)

Support for businesses with a turnover up to £45 million 

If Bank of Scotland do not provide your main Business Current Account, please speak to your main bank for support in the first instance.
If you opened your Bank of Scotland Business Current Account on or after 11 December 2020, we will not be able to provide you with a Coronavirus Business Interruption Loan. 

Key features of the CBIL scheme

Lending through the CBIL scheme starts at £50,001, for lending below £50,001 please consider the Bounce Back Loan Scheme (BBLS)

  • CBILS is a government-backed initiative for businesses with a turnover of up to £45 million 
  • You can apply for a loan between £50,001 and £5 million*, for a term of up to 6 years
  • You will not pay any interest or fees for the first 12 months of the loan
  • A 12 month capital repayment holiday will be available at the start of the loan


As of 17 December 2020, the scheme deadline for new applications has been extended to 31 March 2021. 

  • You must have a borrowing proposal which, were it not for the current pandemic, would be considered viable 
  • Your business will remain liable for repayment of the loan.
  • There has been an update to the ‘Undertaking in Difficulty’ criteria for businesses with a turnover less than £9 million and less than 50 employees. If you didn’t apply for the Coronavirus Business Interruption Scheme because of this reason, or if you have previously applied and believe that you have been declined for this reason, you may now be eligible to re-apply**

British Business Bank


As a confirmed accredited lender of the government CBIL scheme, we’re here to support our customers during the coronavirus outbreak.


If you require more information about the scheme, please visit the British Business Bank website. 


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To be eligible for the British Business Bank's CBIL scheme: 

You must be:

  • An existing Bank of Scotland customer
  • UK-based, with an annual group turnover of less than £45 million
  • Requiring funding as a result of the coronavirus pandemic. 

Your loan should be:

  • Less than twice your annual wage bill for 2019 or the last available year, or; 
  • Less than a quarter of your 2019 total turnover, or; 
  • Less than you’d need to cover your regular expenses over the next 18 months (12 months if you employ more than 250 people).

Industry eligibility

The following industries are not eligible under CBILS: 

  • Banks, insurers and reinsurers (but not insurance brokers), 
  • Public sector bodies, 
  • State funded primary and secondary schools. 

Check your eligibility for the scheme and find out how to apply

Check eligibility

What we’ll need from you

  • Financial Accounts for the last 3 years showing profitability in order to demonstrate serviceability of your borrowing requirements.
  • Understanding of what the directors/shareholders have contributed to support the business so far and what other measures have been taken to manage the business through the current challenges.

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


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.

*Fishery, aquaculture and agriculture businesses may not qualify for the full interest and fee payment.

** As of 30 July 2020, smaller businesses with fewer than 50 employees and also less than £9,000,000 in either annual turnover and/or annual balance sheet total will not be considered 'Undertakings in Difficulty' unless they are (a) subject to collective insolvency proceedings under national law, or (b) in receipt of rescue aid (which has not been repaid) or restructuring aid (and are still subject to a restructuring plan).

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 is 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