Will There Be a Second Bbls?

The deadline for the BBLS has been extended from 30 November 2020 to 31 March 2021. The government announced the replacement scheme, the Recovery Loan Scheme, during the Budget 2021.

Can you have 2 bounce back loans?

Can I have 2 Bounce Back Loans? You can't get two different bounce back loans as such. However, because of recent changes, you can 'top up' your existing bounce back loan if you haven't borrowed the maximum sum.

Will there be a new bounce back loan in 2021?

The scheme is open to applications until 31 March 2021. If you already have a Bounce Back Loan but borrowed less than you were entitled to, you can top up your existing loan to your maximum amount. You must request the top-up by 31 March 2021. If you need a larger loan, you may be entitled to other government support.