The Bounce Back Loan Scheme is coming to an end, so you’ll need to apply online on or before 31st March 2021.
If you already have a Bounce Back Loan, you may be able to apply for a top up to increase it.
Please note we are only accepting Business Current Account applications from existing Clydesdale Bank customers or new customers with a business established on or after 2nd March 2020.
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 Clydesdale 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.
Managed by the British Business Bank on behalf of, and with the financial backing of, the Secretary of State for Business, Energy & Industrial Strategy. British Business Bank plc is a development bank wholly owned by HM Government. It is not authorised or regulated by the PRA or the FCA. Visit www.british-business-bank.co.uk/BBLS