Bounce Back Loan for small businesses affected by coronavirus
Lending between
£2k-£50k
Lending from £2k up to 25% of turnover (max £50k) over 6 years for business impacted by coronavirus. No interest payments for 12 months.
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Coronvirus support
Surviving the immediate impact
Here you'll find information to help you through the immediate impact of coronavirus. Includes links to government-backed loans, repayment holidays and overdrafts. Plus other finance options, ways to bank online and support for community organisations.
Coronavirus Business Interruption Loan Scheme
Lending between
£50,001 – £5m
Loan Terms up to 6 years. No interest payments for the first 12 months for businesses affected by coronavirus.
Coronavirus Large Business Interruption Loan Scheme
Lending up to
£200m
Loan Terms and Revolving Credit Facilities to support businesses with a group turnover of over £45m, to access loans up to £200m.
Loan and finance options
Borrow money against the value of invoices with invoice finance. Buy equipment without the hassle of ownership, with asset finance. Plus more loan options and business cards.
Business loan repayment holiday
If you currently have a business loan with Royal Bank, you can request capital repayment holiday for up to 6 months. Contact your Relationship Manager or apply online.
Business overdraft
To support you during coronavirus, we’re here to help you prepare for the unexpected.
Find out if our business overdraft could support you with covid cashflow challenges.
Royal Bank Business Hub
Guidance about the issues surrounding coronavirus, including the economic impact, government policies, and tips for managing the personal implications.
Support for community organisations
Guidance for community clubs, societies and not-for-profit organisations to increase their digital capability and get access to funding.
Ways to bank
Royal Bank Business Banking is available to eligible customers, over 18 who have the right to be self employed in the UK. Digital Banking and Bankline are available to Royal Bank business account customers.
Next step:
Get your business moving again
Find help to get your business back on its feet. Plan for exiting lockdown, ending staff furlough and rebuilding business resilience.
Services and information on this page include:
Coronavirus (Covid-19 hub)
We’re here to support your business. See our latest guidance and find out how we might be able to help you.
The Bounce Back Loan Scheme (BBLS), Coronavirus Business Interruption Loan Scheme (CBILS) and the Coronavirus Large Business Interruption Loan Scheme (CLBILS) are managed by the British Business Bank on behalf of, and with the financial backing of the Secretary of State for Business, Energy and Industrial Strategy (BEIS). British Business Bank plc is wholly owned by HM Government and is not authorised or regulated by the Prudential Regulation Authority (PRA) or the Financial Conduct Authority (FCA).
Full details on BBLS, CBILS and CLBILS and the list of participating BBLS, CBILS, and CLBILS lenders can be found on the British Business Bank website: www.british-business-bank.co.uk.