Made an application already? During these difficult times, we've received a high number of applications for the Bounce Back Loan Scheme. Please rest assured that we're making every effort to get back to you as soon as possible.
The Bounce Back Loan Scheme has been designed to help small and medium-sized businesses impacted by coronavirus access funding quickly.
*Ring fenced banks, like Clydesdale Bank PLC (which also trades as Virgin Money and Yorkshire Bank), are prohibited from entering into certain types of transactions with financial institutions. Broadly speaking, the term “financial institution” includes investment firms, alternative investment fund managers, structured finance vehicles, credit institutions, certain types of insurance companies, UCITS funds and financial holding companies.
Interest will be applied after the 12 months interest free period at a fixed rate of 2.5% and will apply for the remaining period of the loan
Further information can be found online on Managing Your Complaints
You can also download a copy of our Complaint Handling PDF
|Loan Value (Capital)||59 Capital Instalments||Final Capital Instalment||Total Interest Paid Over the Term||Total Capital and Interest Payable|
By selecting "Apply now" you are confirming that you accept the repayment terms of this product.
The Bounce Bank Loan Scheme (BBLS) is 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 and the list of participating lenders can be found on the British Business Bank website.