The Bounce Back Loan Scheme (BBLS) is available to businesses through a number of accredited lenders across the UK.
Please read our BBLS FAQs for businesses
How to apply
1. Find a lender
View and select a BBLS accredited lender
2. Approach a lender
You should approach a lender yourself, ideally via its website.
In the first instance, you should approach your own provider. You may also consider approaching other lenders if you are unable to access the finance you require.
You will need to fill in a short application form online, which self-certifies that your business is eligible for a loan under BBLS.
If your business is eligible, it will be subject to appropriate customer fraud, Anti-Money Laundering (AML) and Know Your Customer (KYC) checks. Some state aid restrictions may apply to your application.
Note: There is high demand for finance through BBLS. Phone lines are likely to be busy and branches may not be able to handle enquiries in person.
3. The lender makes a decison
The lender has the authority to decide whether to offer you finance.
Under the scheme, lenders are not permitted to:
4. If the lender turns you down
If one lender turns you down, you can still approach other lenders within the scheme.
BBLS is designed to be fast for lenders to process and quick and easy for businesses to access. To help achieve this, you will only be required to fill out a short application form online.
Who is eligible
Your business must be able to self‑declare to the lender that it:
Note: The above is not an exhaustive list – see our Frequently asked questions for more information.
Bounce Back Loans are available to businesses in all sectors, except the following:
Other business finance support options
You can find details of other government measures to support public services, people and businesses through this disruption on the Government’s Business Support website.
Guidance and support for your business during this period of uncertainty
The British Business Bank and The Institute of Chartered Accountants in England and Wales (ICAEW) have created new content to help businesses that are facing financial and operational challenges as a result of the coronavirus outbreak.
You can view this regularly updated guidance at the Business Finance Guide website.
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