The Bounce Back Loan Scheme (BBLS) enables you to borrow between £2,000 and up to 25% of your turnover. The maximum loan available is £50,000.

The scheme is open to applications until 31st January 2021. If you already have a Bounce Back Loan but borrowed less than you were entitled to, you can top up your existing loan to your maximum amount. You must request the top-up by 31st January 2021.

For example :

Business turnover                              £50,000                                          £200,000

Maximum loan available  (25%)     £12,500                                           £50,000

BB Loan all ready taken                    £8,000                                            £35,000

Top – up available                         £4,500                                        £15,000

You can apply for a loan if your business:

  • is based in the United Kingdom
  • was established before 1st March 2020
  • or has been adversely impacted by the coronavirus

If you have any questions, please contact us on 01473 744 700 or email us at we will be more than happy to help.