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An overview of government support available

Government schemes and support for businesses affected by coronavirus

Overview of government schemes and support

Find out what financial support schemes you may be eligible for.

Support is available to employers and the self-employed, including sole traders and limited company directors.

Find government financial support

Loan schemes

Recovery Loan Scheme (RLS)

The Recovery Loan scheme launched April 2021 is now closed.

The new iteration of the Recovery Loan Scheme has launched August 2022.

More about the scheme

Bounce Back Loan (BBL)

This scheme is now closed. Lending was available from £2k to £50k over 6 years for businesses impacted by coronavirus. 

Understanding your BBL

BBL information on Gov.uk

Bounce Back Loan Top-Up

This scheme is now closed. If you’d borrowed less than 25% of the annual turnover on your BBL application, top-ups were available.

Bounce Back Loan Top-Up

Coronavirus Business Interruption Loan Scheme (CBILS)

This scheme is now closed. Loans of up to £5 million and no interest payments for 12 months were available.

Understanding your CBIL

CBILS information on Gov.uk

Coronavirus Large Business Interruption Loan Scheme (CLBILS)

This scheme is now closed. Loan Terms and Revolving Credit Facilities were available to support businesses with a group turnover of over £45m.

CLBILS information on Gov.uk

Covid-19 Corporate Financing Facility (CCFF)

This scheme is now closed. It helped large businesses affected by coronavirus through the purchase of their short-term debt.

 

Tax and rates

If you can’t pay your tax bill on time

You may be able to delay some tax payments without paying a penalty, if you're unable to pay on time because you've been affected by coronavirus.

More information on Gov.uk

Business rates relief

If your business is in the retail, hospitality or leisure sector, or a nursery, you may be eligible for business rates relief.

Check your eligibility

Your employees

Furloughing staff

The Coronavirus Job Retention Scheme for furloughed staff is now closed.

Coronavirus Job Retention Scheme Details

Statutory Sick Pay (SSP) due to coronavirus

The Coronavirus Statutory Sick Pay Rebate Scheme has now closed.

Get more information on SSP

Struggling financially?

If your business is facing tough times, our guidance could support you to work through the impact. 

BBL, CBILS and CLBILS are 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 british-business-bank.co.uk.

Something else we can help you with?