How much can I apply for with a BBL?

Emergency Fundraiser

Bounce Back Loan Helpline

Due to huge demand and lack of resources, on November the 9th 2024, I will be changing the helpline number and making it available to Subscribers and those who have made a Donation only. I kept it free and open to everyone for as long as I could possibly afford to, but alas, I can no longer afford to do so. Therefore if you cannot afford to subscribe or donate and need a chat but have been putting off calling, please do so before that date. Those who have donated/subscribed to the website, I am here for you, as I have been for the last almost 5 years, give me a call any time. – Mike

Businesses can apply for between £2,000 up to 25% of their turnover, the turnover being from the calendar year 1st January 2019 to December 31st, 2019. The maximum loan available under the Scheme is £50,000. The government will cover the interest repayments for the first 12 months.

The government-backed guarantee on the loan is a guarantee to lenders. Businesses remain 100% liable to repay the full loan amount, as well as interest, after the first year.

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