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    Coronavirus government-backed lending schemes

    For businesses without a Relationship Manager

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

    Please note that as of 24 September, these schemes have been extended and will be available until 30 November.

    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 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 an annual turnover up to £45 million

    Find out more

    Other finance options

    There may be other lending products that also suit your needs.

    Overdrafts

    Check your eligibility in minutes for a UK small Business Overdraft up to £25,000. 

    Overdrafts

    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 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.