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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.

Bounce Back Loan (BBL)

This scheme is now closed. Lending was available from £2k to £50k over 6 years for businesses impacted by coronavirus. If you had borrowed less that 25% of the annual turnover on your BBL application, top-ups had been available.

Bounce Back Loan Top-Up

This scheme is now closed. Lending was available from £2k to £50k over 6 years for businesses impacted by coronavirus. If you had borrowered less that 25% of the annual turnover on yuour BBL application, top-ups had been available.

Coronavirus Business Interruption Loan Scheme (CBILS)

This scheme closed to new applications on 31 March 2021. Lending was available from £2k to £50k over 6 years for businesses impacted by coronavirus.

Coronavirus Large Business Interruption Loan Scheme (CLBILS)

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

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.

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.

Your employees

Furloughing staff

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

Statutory Sick Pay (SSP) due to coronavirus

The Coronavirus Statutory Sick Pay Rebate Scheme has now closed.

Struggling financially?

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

Working with British Business Bank

BBLS, CBILS and CLBILS are managed by the British Business Bank on behalf of, and with the financial backing of, the Secretary for State for Business and Trade (formerly Business, Energy & Industrial Strategy-BEIS).

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.

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