Apply for the Bounce Back Loan Scheme

Borrow between £2,000 and £50,000.

The deadline for new applications is 31 March 2021.

Apply for a loan

Existing Bounce Back Loans

Request a top-up

If you have already received funds through the scheme but did not take the maximum loan available to you, you may be able to request a top-up to your existing Bounce Back Loan.

The deadline for requesting a top-up is 31 March 2021.

Request a top-up

Making repayments

If you are 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 early

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 (but not before April 2021).

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

More about Pay As You Grow

Not registered for Online for Business?

The simplest way to manage your loan or select your Pay As You Grow options is by creating an Online for Business account. 

Register now

Bounce Back Loan calculator

Use our loan calculator to understand what your highest monthly repayment will be, and your total loan amount repayable. 

New loans: How much would you like to borrow (up to a maximum of 25% turnover)?

Existing loans: How much did you borrow in total on your Bounce Back Loan (including any top-up)? 


Loan amount:




Highest monthly repayment (at month 13):


Total amount repayable at 6 years:


How do repayments work?

Your capital repayment amount will be the same each month, but you’ll pay less interest each month as you repay the loan. Your first monthly payment will be the highest and they’ll reduce each month until the loan ends. 

Please note:

  • The amounts shown are indicative and could vary from your actual repayment amount.
  • No repayments for the first 12 months of your six year loan – the government will pay the interest during this time.


British Business Bank

If you would like more information about the Bounce Back Loan Scheme, please visit the British Business Bank website.


Visit site

The Bounce Back Loan Scheme is not subject to the usual consumer protections that apply to business lending, and as such will not have the benefit of the protection and remedies that would otherwise be available under the Financial Services and Markets Act 2000 or the Consumer Credit Act 1974.

The Bounce Back Loan Scheme is managed by the British Business Bank on behalf of, and with the financial backing of, the Secretary of State for Business, Energy & Industrial Strategy. British Business Bank plc is a development bank wholly owned by HM Government. It is not authorised or regulated by the PRA or the FCA. Visit

Calls may be monitored or recorded in case we need to check we have carried out your instructions correctly and to help improve our quality of service.

Lloyds Bank plc. Registered office: 25 Gresham Street, London EC2V 7HN. Registered in England and Wales No. 2065. Lloyds Bank plc is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under registration number 119278.

We adhere to The Standards of Lending Practice which are monitored and enforced by the LSB:

Eligible deposits with us are protected by the Financial Services Compensation Scheme (FSCS). We are covered by the Financial Ombudsman Service (FOS). Please note that due to FSCS and FOS eligibility criteria not all business customers will be covered.