Bounce Back Loans - Priority

Tide Premium members already get a Flexible Balance and some have a Credit Line. Do they automatically get a Bounce Back Loan? They’re paying for Premium service so why don’t they get priority?

Update (7 July 2020): We’ve paused lending and our waiting list is currently closed. 

The Bounce Back Loan Scheme is a Government initiative open to all eligible small businesses. We decided the most fair thing to do was to offer Bounce Back Loans to as many businesses as we can. That’s why we’re not prioritising people for loans based on what Tide membership they have.

The monthly charge for Plus and Premium membership is for an enhanced service to support your growing business and for extra perks you don’t get with our free basic membership.