Bounce Back Loans Scheme (BBLS)

Support for businesses requiring loans up to £50,000

We are experiencing high levels of demand and are doing all that we can to support our customers at this time.

This guidance is for customers who manage their small business through an existing Lloyds Bank Personal Current Account. We are only able to support customers who had an account with us before 2 March 2020. 

If you require more information on the Bounce Back Loan Scheme, or if you operate your business through a Business Current Account, please visit our main Bounce Back Loan Scheme (BBLS) page

If you manage your business through a Personal Current Account, you will need to open a Business Current Account or a Loan Servicing Account before applying for a Bounce Back Loan. 

You’re not required to maintain a Business Current Account with us to manage your Bounce Back Loan, and you can switch provider of your Business banking relationship at any time while retaining your loan with us.

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

Businesses who have already received funds through the Bounce Back Loan Scheme will be able to request a top-up if they did not take the maximum loan amount available to them; up to 25% of annual turnover, capped at total BBLS borrowing of £50,000. We’ll provide further details on how to do this shortly via our website, there’s no need to contact us at this time.

We will only open a Business Current Account or a Loan Servicing Account if you: 

  • Are managing your business through an existing Lloyds Bank Personal Current Account which was open before 2 March 2020
  • Are a sole trader or applying on behalf of a Partnership, Club, Society or Association
  • Were trading before 2 March 2020

We’ll check each of these as part of the application process. If you do not meet the above criteria then we are not able to open an account for you at this time.

We aren’t able to open an account for you if you are:

  • A Limited company
  • A Limited Liability Partnership 
  • Managing your business through a Personal or Business account held with another provider

You will need to contact your main business account provider.

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.

Some activities/sectors are excluded, including the state funded education sector, insurance providers (other than insurance brokers), and deposit taking banks. You must also confirm during the application, that if your business was considered in difficulty on 31/12/19, that it is not in breach of de minimis State aid restrictions


The Bounce Bank Loan Scheme (BBLS) is managed by the British Business Bank on behalf of, and with the financial backing of the Secretary of State for Business, Energy and industrial Strategy (BEIS). British Business Bank plc is wholly owned by HM Government and is not authorised or regulated by the Prudential Regulation Authority (PRA) or the Financial Conduct Authority (FCA). Full details on BBLS and the list of participating lenders can be found on the British Business Bank website: