4 Oct 2021

Recovery loan scheme reminder

The Recovery Loan Scheme is to help businesses of any size access loans and other kinds of finance so they can recover after the pandemic and transition period.

Up to £10 million is available per business. The actual amount offered and the terms are at the discretion of participating lenders.

The government guarantees 80% of the finance to the lender. As the borrower, you are always liable for 100% 0f the debt.

This is a reminder that the scheme is open until 31 December 2021, subject to review.

Visit the gov.uk website for more information, here.

If you require assistance or have any questions about a loan scheme application, please get in touch.

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