Recovery Loan Scheme (RLS)

The Recovery Loan Scheme (RLS) launched on 6 April 2021 and supports access to finance for UK businesses as they recover and grow following the Covid-19 pandemic. RLS aims to help businesses affected by Covid-19 and can be used for business purposes, including, managing cashflow, investment and growth. It is designed to support businesses that can afford to take out additional finance for these purposes. Businesses who have taken out a CBILS, CLBILS or BBLS facility are able to access the new scheme. The Scheme will run until 31 December 2021, subject to review.

We’re accredited to offer the Recovery Loan Scheme for Asset Finance and Invoice Finance.

Asset Finance
 

Find out more how the scheme applies to our Asset Finance products.



 

Invoice Finance
 

Find out more how the scheme applies to our Invoice Finance products.



The Recovery Loan Scheme is managed by the British Business Bank on behalf of, and with the financial backing of, the Secretary of State for Business, Energy & Industrial Strategy. British Business Bank plc is a development bank wholly owned by HM Government. It is not authorised or regulated by the PRA or the FCA. Visit British Business Bank - Recovery Loan Scheme

Subject to status. Security may be required. Any property or asset used as security may be at risk if you do not repay any debt secured on it.