• Coronavirus government-backed lending schemes

    Applications for the following schemes are now closed: Bounce Back Loan Scheme (BBLS), Coronavirus Business Interruption Loan Scheme (CBILS) & Coronavirus Large Business Interruption Loan Scheme (CLBILS)
    We’ll update this page regularly with information about the government schemes as it becomes available.

    Recovery Loan Scheme (RLS)

    We are participating in the government-backed Recovery Loan Scheme (RLS). The scheme launched on 6 April 2021 and supports access to finance for UK businesses as they recover and grow following the Covid-19 pandemic.

    Borrow between £25,001 and £10 million, from 1 to 6 years.

    More about RLS

    Bounce Back Loan Scheme (BBLS)

    Pay As You Grow

    If you’re worried about making your loan repayments, you can choose from a number of Pay As You Grow support options.

    You can select options up to three months before your first repayment is due.

    We will email you when your options are available, you do not need to contact us.

    More about Pay As You Growgo to page

    Making repayments

    If you’re able to make repayments as set out in your loan agreement, there is nothing you need to do. We’ll automatically start taking payments 13 months after we paid the loan into your account.

    You can also pay back some or all of your loan early with no early repayments charges.

    Repaying earlygo to page

    Scheme information

    Applications for the Bounce Back Loan Scheme, including any Top-Ups to existing loans, closed on 31 March 2021. Applications received by 11.00pm on 31 March 2021 will be processed by 14 April 2021.

    If you previously ran your business from a Personal Current Account and opened a Business Current Account or Loan Servicing Account between 3rd March 2021 and 31st March 2021, you can still apply for a Bounce Back Loan. Your BBLS application can be processed through to 31 May 2021. You will receive an email with details on how to apply.

    Scheme informationgo to page

    Not registered for Business Internet Banking?

    The simplest way to manage your Bounce Back Loan or select your Pay As You Grow options is by creating a Business Internet Banking account.

    Register now

    Businesses with a turnover up to £45 million

    Coronavirus Business Interruption Loan Scheme (CBILS)

    Applications for the Coronavirus Business Interruption Loan Scheme (CBILS) closed on 31 March 2021.

    Please note, applications received by 11pm on 31 March 2021 can still be processed through to 31 May 2021.

    • CBILS was a government-backed initiative for businesses with a turnover of up to £45 million
    • Lending through the scheme started at £50,001 up to £5 million, for a term of up to 6 years
    • No interest payments or fees applicable for the first 12 months of the loan
    • A 12 month capital repayment holiday was available at the start of the loan
    • Businesses who took out a loan through the scheme will remain liable for repayment of the loan.

    If you need support with your existing loan, please contact your Relationship Manager. If you don’t have a Relationship Manager, please call 0345 300 0268. 

    British Business Bank

    For more information about the Coronavirus Business Interruption Loan Scheme, please visit the British Business Bank website.

    Visit site

    Businesses with a turnover above £45 million

    Coronavirus Large Business Interruption Loan Scheme (CLBILS)

    Applications for the Coronavirus Large Business Interruption Loan Scheme (CLBILS) closed on 31 March 2021. 

    • CLBILS was a government-backed initiative for businesses with an annual group turnover above £45 million
    • Lending through the scheme started at £50,001 up to £200 million, for a term from three months to three years.
    • No personal guarantees were permitted for facilities under £250,000. For facilities more than £250,000 claims on personal guarantees could not exceed 20% of losses after all other recoveries had been applied. 
    • Businesses who took a loan out through the scheme will remain liable for repayment of the loan. 

    If you need support with your existing loan, please contact your Relationship Director.

    British Business Bank

    For more information about the Coronavirus Business Interruption Loan Scheme, please visit the British Business Bank website.

    Visit site