Extending your CBIL capital repayment holiday

Support for businesses with a 6 month capital repayment holiday 

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

You can extend your capital repayment holiday to 12 months 

  • If you extend your capital repayment holiday to 12 months, your capital repayments will begin 13 months after the drawdown of the loan. 
  • You won’t need to pay interest yet as the UK Government will continue to pay the first 12 months interest as part of the Business Interruption Payment (BIP) on your CBIL.
  • When you start making repayments your monthly payment amount will be higher, as we’ll spread the capital you didn’t pay during your repayment holiday across the remaining loan term. You’ll also pay more interest overall, as the balance on your loan will be higher for longer. 
  • Your business will remain liable for repayment of the loan.
  • You won’t be able to extend your capital repayment holiday if it has already ended.  

If you’ve decided not to extend your capital repayment holiday, you don’t need to fill in this form. We’ll automatically collect your first capital repayment when it’s due.

Next steps:

Request a repayment holiday extension

If you’d like to extend your capital repayment holiday, please download our extension request form. We recommend using a desktop to complete your form, rather than a mobile or tablet device.

Once complete, email it to GRPG40062@lloydsbanking.com with a subject header of “CBIL Lloyds CRH Extension Request Form (for SME)’. We’ll then send you an amendment letter to sign and send back before we extend your capital repayment holiday.

Important legal information

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. Telephone: 020 7626 1500

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.

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.

Any property given as security, which may include your home, may be repossessed if you do not keep up repayments on your mortgage or other debts secured on it.

All lending is subject to a satisfactory credit assessment and we will need your permission to carry out a credit check on you and your business.. 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.