• Coronavirus government-backed lending schemes

    For businesses without a Relationship Manager

    To enable the continued provision of finance to UK businesses during the COVID-19 outbreak, the UK government has introduced a number of lending schemes.
    The deadline for all government-backed lending scheme applications has been extended to 31 March 2021. 
    If Bank of Scotland do not currently provide your main Business Current Account, please speak to your main bank for support in the first instance.

    Bounce Back Loan Scheme (BBLS)

    Borrow between £2,000 and £50,000 with a Bounce Back Loan.

    Businesses who have already received funds through the scheme but did not take the maximum loan available to them, may now be able to request a top-up to their existing Bounce Back loan.

    Apply for a Bounce Back Loan

    Request a top-up

    Coronavirus Business Interruption Loan Scheme (CBILS)

    Borrow between £50,001 and £5 million.

    Suitable for businesses with an annual turnover up to £45 million.

    Find out moreCoronavirus Business Interruption Loan Scheme (CBILS)

    Other borrowing options

    There may be other lending products that also suit your needs.

    Overdrafts

    Check your eligibility in minutes for a UK small Business Overdraft up to £25,000.

    Overdraftsabout business overdrafts

    Additional government support

    Alongside the government-backed lending schemes, the government has also introduced a number of other schemes to support businesses who have been impacted by coronavirus.

    A guide to government help for businesses

    ANY PROPERTY GIVEN AS SECURITY, WHICH MAY INCLUDE YOUR HOME, MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE OR OTHER DEBTS SECURED ON IT.

    Lending for the Coronavirus Business Interruption Loan Scheme 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.