The information on this page is for those interested in becoming an accredited lender. If you’re a business looking for funding, please visit Bounce Back Loan Scheme for Businesses.
REGISTERING YOUR INTEREST TO BECOME AN ACCREDITED LENDER
British Business Bank operates the Bounce Back Loan Scheme (BBLS) via its group of accredited lenders.
If you’re interested in becoming an accredited lender for the scheme, please read this guidance document first.
You can register your interest with British Business Bank by emailing the British Business Bank BBLS Accreditation mailbox.
NOTE: This email is for those interested in becoming an accredited lender only. If you’re a business looking for funding, please visit Bounce Back Loan Scheme for Businesses.
Through BBLS, lenders can provide an eligible business with a six-year term loan from £2,000 up to 25% of a business’ turnover. The maximum loan amount is £50,000.
The scheme provides the lender with a full (100%), government-backed guarantee against the outstanding balance of the finance. The borrower remains fully liable for the debt.
Lenders are not permitted to take personal guarantees or take recovery action over a borrower’s personal assets (such as their main home or personal vehicle).
Only businesses that meet certain criteria will qualify for BBLS. Visit our businesses and advisors page to learn more.
FREQUENTLY ASKED QUESTIONS
We appreciate you might have questions about BBLS and how it operates.
Visit our FAQs page to learn more.
As well as BBLS, the British Business Bank and its subsidiaries also run other programmes that may be of interest to providers of debt finance.
For more information on these, see the ‘Our programmes’ tab at the top of this page.