If you opened your Bank of Scotland Business Current Account on or after 11 December 2020, as explained in the account opening process we will not be able to provide you with a Bounce Back Loan. If you manage your business through a Bank of Scotland Personal Current Account opened before 2 March 2020 and want to apply for a Bounce Back Loan Bounce Back Loan Scheme The Bounce Back Loan (BBL) scheme is a government initiative to support small and medium-sized businesses. The government provides banks like The Royal Bank of Scotland with a guarantee for 100% of the loan. You will have to repay this loan in UK Government has announced a change to the Bounce Back Loan Scheme (BBLS) allowing customers with an existing Bounce Back Loan to apply for a top-up if they did not take the maximum amount available to them when they applied for their existing Bounce Back Loan. If you are an existing Bank of Scotland Business Current Account customer and If you are only given the option to take out a separate new loan then you are not eligible to apply online to combine your new and existing borrowing into a single loan. This option is available online if your current loan account number starts with ‘100’, the loan is held in your sole name and you hold only one existing Bank of Scotland Back Loans are available to existing Royal Bank customers on or before 4 May 2020. If you opened a Royal Bank Business bank account after this date, you will not be able to apply for a Bounce Back Loan with us. To access a Bounce Back Loan, please contact your current #039;Bounce back loans' – help for small businesses and income Bounce Back Loan Scheme | Coronavirus - Halifax UK | Bank Existing Customers | Loans | Bank of ScotlandBank of Scotland | Personal Online Banking Services2/8/2021 · If you've a personal account for your business cash with Lloyds or Bank of Scotland, and you've not yet applied for a bounce back loan but plan to in future, you'll be offered the fee-free loan servicing account from the middle of September (you won't have to open a full business account).The Bounce Back Loan Scheme is one of a number of government-backed lending schemes designed to support businesses affected by COVID-19. We are unable to offer the Bounce Back Loan Scheme directly. If you operate your business through an existing Halifax Personal Current Account, you can apply for the scheme with Lloyds Bank or Bank of you are not registered for the new personal Internet Banking service or you have any problems logging in please contact the Online Helpdesk specific to your account type: Personal accounts - 0345 602 0000 (Lines open 24 hours a day, 7 days a week). Other accounts - 0345 300 2924 (Lines open 7am - 8pm Monday to Friday and 9am - 2pm Saturday).The CMA stated that bundling restricts competition and limits choice because customers may wish to hold an account with one provider while using a …5/4/2020 · The new Bounce back loan scheme launched by the Government today offers small businesses loans of between £2,000 and £50,000. These business loans have an interest rate of available on terms of up to six years.
