The Bounce Back Loan Scheme (BBLS) is now available to businesses through a number of lenders across the UK.  Below we explain the process.

How To Apply

  1. Find a lender – click HERE to see a full list of accredited lenders.
  2. Approach a lender – you should approach a lender yourself, the fastest way is via their website.  In the first instance we recommend you approach your own provider.  You will need to fill in a short application form which self-certifies that your business is eligible for a loan under BBLS.  If your business is eligible, it will be subject to appropriate customer fraud, Anti-Money Laundering (AML) and Know Your Customer (KYC) checks.  Some state aid restrictions may apply to your application.
  3. The lender makes a decision – the lender has the authority to decide whether to offer you finance. Under the scheme, lenders are not permitted to:
    • take any form of personal guarantee
    • take recovery action over a borrower’s personal assets (such as their main home or personal vehicle)
  4. If the lender declines your application – if a lender turns you down, you can still approach other lenders within the scheme.  The BBLS is designed to be fast for lenders to process and quick and easy for businesses to access.  To help achieve this, you will only be required to fill out a short application form online.

Who Is Eligible

The business must be able to selfcertify to the lender that it:

Please Note: The above is not an exhaustive list – see HERE for more information.

Bounce Back Loans are available to businesses in all sectors except the following:

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