Access the finance you need to get back on your feet.
The Recovery Loan Scheme – sometimes shortened to RLS – is an initiative launched by the UK government to help companies access the funding they need to recover and grow after the Covid-19 pandemic.
Now in its third iteration, the RLS has provided a financial lifeline for thousands of businesses affected by the disruption caused by lockdowns and other trading restrictions. The scheme covers all sorts of financial products, including business loans, asset finance, and invoice finance – so really does provide options businesses of most sizes, in most situations.
Eligibility varies from lender to lender, and filling out the paperwork for your Recovery Loan Scheme application can seem like a daunting process.
Our expert business finance brokers are here to help you navigate everything that's on offer and secure a deal that provides you with suitable funding, on appropriate terms.
The funding secured through the scheme can be used for any purpose, from supporting cash flow through to refinancing debt from another lender. However, there are a few boxes you'll need to tick if you want to apply for the Recovery Loan Scheme.