Only a few days to go: We’re raising £25,000 to keep TheyWorkForYou running and make sure people across the UK can hold their elected representatives to account.Donate to our crowdfunder
Under the Bounce Back Loan Scheme (BBLS), businesses can apply for between £2,000 up to 25% of their turnover. The maximum loan available under the Scheme is £50,000. Once a business has received a BBLS facility, it is not eligible to apply for a second loan under the Scheme.
Businesses using BBLS, who later decide that they need more financing, may be able to refinance under the Coronavirus Business Interruption Loan Scheme (CBILS) provided they are eligible for the CBILS.
Businesses are not permitted to access more than one of either the Bounce Back Loan Scheme, CBILS, Coronavirus Large Business Interruption Loan Scheme (CLBILS) or the Covid Corporate Financing Facility (CCFF) scheme at the same time.