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Support with local lockdowns

Coronavirus (Covid-19) support

If your business is based in a region that is subject to local lockdown measures, we have a range of tools and guides to help you. Localised restrictions may mean that you need extra finance to keep you going until you can start generating revenue again. Or, you may need to re-furlough staff. It may also give you more time to plan for when businesses can reopen. 

Guides to help you through a local lockdown

Furloughing staff

From 1 July, you’ll only be able to furlough staff for whom you’ve successfully claimed a previous grant for. Register for MentorLive for free guidance and template letters to help navigate the furlough scheme.

Reforecast your cash flow

A local lockdown could mean further delays to your business generating revenue again. It’s important that you reforecast your cash flow to account for any hold up and identify issues. 

Re-engage customers

Keep your customers up-to-date with changes to your operations. Check out our page on getting in touch with customers to see how you can continue to engage customers until your business can reopen.

Government-backed financial support

Bounce Back Loan

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.

Bounce Back Loan details

Bounce Back Loan FAQs

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.

More about CBILS

Coronavirus Large Business Interruption Loan

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.

Find out more about CLBILS

Further financial support

Loans 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 of Scotland, you can request capital repayment holiday for up to 6 months. Contact your Relationship Manager or apply online.

Fee-free business overdrafts

To support you during coronavirus, we're waiving set up fees on overdrafts with limits of up to £5,000.

Pay interest only on the amount you borrow.

Be prepared to return to work

Make sure your business is set up for returning to work so you can open as soon as possible when the local lock down is lifted. 

Working from home

Local lockdown may mean you and your team will be at home for longer. See our tips for successful remote working.

Need to get in touch?

Using webchat, you could:

Get help with an existing loan application

Check your loan application status

Talk to us about other support

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.

Something else we can help you with?