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In response to the extensive economic disruption caused by the COVID-19 pandemic, the United Kingdom's government created a range of measures to help support businesses survive the loss in revenues and cashflow. To help businesses, the Bounce Back Loan Scheme (BBLS) was set up. The scheme, which is a part of a wider package of government support for UK businesses and employees allows lenders to provide a six-year term loan from ** British pounds up to ** percent of a business' turnover. The maximum loan amount is currently fifty thousand British pounds.

Between ** and **, nearly **** million businesses have been approved for finance with the cumulative value of lending through the Bounce Back Loan Scheme (BBLS) amounting to approximately **** billion British pounds.