• HM Treasury figures published today reveal that the banking and finance industry has approved £46.3 billion to over 1.1 million businesses so far through government-backed coronavirus lending schemes.
• Almost 1.05 million small and micro businesses have received a total of £31.7 billion through the Bounce Back Loan Scheme, an increase of £770 million over the past week.
• Lenders have provided £11.9 billion worth of facilities to 54,500 companies through the Coronavirus Business Interruption Loan Scheme.
• For larger enterprises, the industry has approved £2.7 billion through the Coronavirus Large Business Interruption Loan Scheme to more than 400 businesses whose financial situation has been affected by Covid-19.

Responding to the new HM Treasury figures on Covid-19 support for businesses, Managing Director of Commercial Finance at UK Finance, Stephen Pegge, said:

This significant level of support demonstrates the clear commitment from the banking and finance industry to help businesses get through these tough times.

?More than 1.1 million businesses large and small have received £46.3 billion worth of support through the government-backed lending schemes.

?This sits alongside the broad package of measures from the industry including commercial lending, capital repayment holidays, extended overdrafts and asset-based finance, ensuring that businesses can receive the right support that suits their needs.

?It's important to remember that any lending provided under government-backed schemes is a debt not a grant, and so firms should carefully consider their ability to repay before applying.

Please find a selection of case studies below which are available for interview. For further information, please contact the UK Finance press office on 020 7416 6750 or email press@ukfinance.org.uk

Case studies

Coronavirus Business Interruption Loan Scheme

IG Group - Sunderland

Hospitality business IG Group secured £1.5 million of funding from HSBC via the CBIL scheme which will enable it to maintain the fixed costs of its four premises and to help with cash flow.

Marwell Zoo - Hampshire

Marwell Zoo, a 140 acre zoo in Hampshire, reopened on 3 July after three months of closure, with support from a £4.3 million Coronavirus Business Interruption Loan from NatWest. The funding from NatWest enabled the charity that owns the zoo, Marwell Wildlife, to continue caring for its 2,000 animals across its 140-acre park. Marwell Wildlife is responsible for a number of conservation projects across the world in Kenya, China, Tunisia and Zimbabwe. The charity also partners with University of Southampton to support students completing Masters degrees in Wildlife Conservation as well as providing academic supervision for those completing research or a PhD.

Meeks Shoes - Ashton-under-Lyne

Family run footwear retailer Meeks Shoes secured a £150,000 CBIL scheme loan through Barclays. The loan has been used to cover rent, staff salaries and pay suppliers, as well as helping to support updates to the company's website following a 200% increase in online sales during lockdown.

King Arthur Hotel - Swansea

The King Arthur Hotel was approved a six figure facility through the CBIL scheme from Lloyds to help it cover critical overheads and support its cash flow including paying suppliers

Bakers Waste Services - Leicester

Recycling and waste management company Bakers Waste Services was approved for a loan through the CBIL scheme by HSBC. The additional facilities will support the business's cash flow and operating costs in the short term, as well as enabling Bakers Waste to plan for the coming months as the lockdown is lifted and its customers reopen.

Warner Cars - Gloucestershire

Warner Cars secured a loan through the CBIL scheme through Lloyds which will help support the firm's working capital needs.

York House Leisure

York House Leisure secured £750,000 from Lloyds via the CBIL scheme to cover overheads and investment in a new site.

Yorkshire Agricultural Society

Yorkshire Agricultural Society, which aims to help improve and promote agriculture in the Yorkshire region, secured a £1.5 loan through the CBIL scheme from Barclays. The funding means the Society doesn't need to make drastic cuts to their operations and they can be ready to resume business as soon as restrictions are lifted.

Bounce Back Loan Scheme

Anais Rose - London-based jewellers

Award winning bespoke jewellers Anais Rose was approved for a Bounce Back Loan from Barclays. The personal nature of the business, and collaboration required with each client, has meant that the business has been disrupted by Coronavirus. The Bounce Back Loan will help the business deal with the impact Covid-19 has had on cash flow.