The Recovery Loan Scheme (RLS) launched on the 6th April and provides financial support to businesses across the UK as they recover and grow following the coronavirus pandemic.
You can apply to the scheme if COVID-19 has affected your business. You can use the finance for any legitimate business purpose – including managing cashflow, investment and growth. However, you must be able to afford to take out additional debt finance for these purposes.
To find out more about the Recovery Loan Scheme, how to apply and whether you’re eligible, click here.
Alternatively, click here to contact us and discuss your application with our team of experts.
Invoice or asset finance: £1,000 – £10 million per business
Types of available finance include:
To find out more about the scheme based on your businesses requirements, contact us today.
At Autumn Budget 2021, the government announced that the Recovery Loan Scheme will be extended by six months to 30 June 2022. Further information on this extension will follow in due course.
For all RLS based FAQs, please click here.
