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.
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.
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.
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.
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.
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.
Applications for the Coronavirus Large Business Interruption Loan Scheme (CLBILS) closed on 31 March 2021.
If you need support with your existing loan, please contact your Relationship Director.