To enable the continued provision of finance to UK businesses during the COVID-19 outbreak, the government has introduced a number of lending schemes.

If Lloyds Bank do not already currently provide your main Business Current Account, please speak to your main bank for support in the first instance. 

Bounce Back Loan Scheme (BBLS)

Borrow between £2,000 and £50,000

Key features:

  • Interest rate fixed at 2.5%
  • Simple online application
  • Funds transferred to your bank account within days of being accepted.
Find out more

Coronavirus Business Interruption Loan Scheme (CBILS)

Borrow between £50,001 and £5 million

For businesses with a turnover up to £45 million

Find out more

Coronavirus Large Business Interruption Loan Scheme (CLBILS)

Borrow between £50,000 up to £200 million

For businesses with a group turnover over £45 million

Contact your Relationship Director to enquire about the scheme

Find out more

Coronavirus Business Interruption Loan Scheme – Asset Finance

If you are looking to acquire a new asset or finance an existing asset, but your business has experienced difficulties as a result of the Coronavirus pandemic, the Coronavirus Business Interruption Loan Scheme- Asset Finance may be available to support you.

Find out moreabout CBIL asset finance

Additional financial support

Lloyds Banking Group has committed £2 billion to help customers manage ongoing cash flow needs caused by supply chain interruptions or employee absences, and minimise the disruption to their overall businesses operation over the coming weeks and months.

Find out more

Additional government support

Alongside the government-backed lending schemes, the government has also introduced a number of other schemes to support businesses who have been impacted by coronavirus. 

A guide to government help for businesses

ANY PROPERTY GIVEN AS SECURITY, MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE OR OTHER DEBTS SECURED ON IT.

Lending for the Coronavirus Business Interruption Loan Scheme and Coronavirus Large Business Interruption Loan Scheme 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.

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. Not all telephone banking services are available 24 hours, 7 days a week. Please speak to an adviser for more information.

Lloyds Bank plc. Registered office: 25 Gresham Street, London EC2V 7HN. Registered in England and Wales No. 2065. Telephone: 020 7626 1500. 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: www.lendingstandardsboard.org.uk

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.