Support for business customers during COVID-19
Support for business customers during COVID-19
We’re here to help your business get through these uncertain times. If you are experiencing a temporary drop in cashflow or you are worried about making payments there are ways we can help.
Bounce Back Loan Scheme (BBLS)
The Bounce Back Loan Scheme provides small and medium businesses (SME’s), micro businesses and other businesses with financial assistance in the form of smaller loans up to £50,000. The scheme is part of a series of government measures for UK businesses.
We are an accredited lender for the Bounce Back Loan Scheme.
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Have you already submitted an application?
Please note: If you have submitted your Bounce Back Loan application online, we are currently processing this and appreciate if you could bear with us. We are receiving a significant number of applications at this time. We will contact you as soon as possible if we need more information or clarity on your application. Successful applicants will receive their funds within 5 working days.
Coronavirus Business Interruption Loan Scheme (CBILS)
The Coronavirus Business Interruption Loan Scheme (CBILS) provides smaller and medium businesses (SME’s) in the UK with financial support for the loss in revenue leading to cashflow disruption as a result of COVID-19.
The scheme is part of a series of government measures for UK businesses.
We are accredited under Coronavirus Business Interruption Loan Scheme.
Coronavirus Large Business Interruption Loan Scheme (CLBILS)
The government backed Coronavirus Large Business Interruption Loan Scheme (CLBILS) provides financial support for medium to large UK based businesses experiencing loss of revenue due to COVID-19.
As accredited lenders for CLBILS we can support eligible customers with Term Loans and Revolving Credit Facilities (RCFs) up to £200m.
Recovery Loan Scheme (RLS)
The Recovery Loan Scheme (RLS) can help support UK Businesses to recover from the impact of COVID-19.
RLS can help business to manage cashflow, investment and growth. It is designed to support businesses that can afford to take out additional finance for these purposes.
As accredited lenders for RLS we can help support eligible customers with Term Loans starting from £25,001 up to £10m.
Worried your cashflow might temporarily reduce?
If you need financial assistance, we’ll do our best to help you. We have a number of possible solutions available to you depending on your circumstances which include the following.
- Apply for of a business overdraft for 3 or 6 months, (subject to eligibility and terms & conditions)
- Increase your existing business overdraft for 3 or 6 months
Loan and Asset Finance solutions are also available. The earlier you get in touch, the easier it will be find the best solution for your business.
Worried about paying your loans or asset finance?
If your business is experiencing a drop in cashflow and you are worried about making loan or asset finance repayments it is important that you engage with us as soon as you can.
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Worried about paying your loans?
We’re here to support your business during these uncertain times. Complete the call back form and one of our customer service advisers will be in touch to discuss your options.
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Worried about paying your asset finance?
We’re here to support your business during these uncertain times. Complete the call back form and one of our customer service advisers will be in touch to discuss your options.
Is your business facing financial difficulty?
In these uncertain times we can offer help and guidance if you are experiencing financial difficulty.
We recognise that you may need support in managing your existing credit facilities with us and have a number of possible solutions available to you depending on your circumstances. The earlier you get in touch, the easier it will be to work out what the best solution might be.
View products and services to help with you cashflow
Access any of our business support products.
We have a range of lending products which can assist your business with cash flow. Manage your daily cashflow through Online Banking and Internet Business Banking as normal.
Treasury Services solutions
Talk to our dedicated Treasury Services team offering you bespoke treasury business solutions.
Click below to find out more.
FINANCIAL ABUSE: Financial abuse could happen to you or someone you know. Whatever your situation is, you don’t have to deal with it on your own - we can help. Find out more.
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