Recovery Loan
Scheme
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.
Apply for a
Recovery Loan
Ready for your business to recover and grow? Get the terms that suit you! If you have any questions, please do not hesitate to call us on 0333 006 5398
Apply OnlineLoans from £25,000 - £350,000*
Terms between 2 to 5 years.
Assistance from your dedicated account manager.
No early repayment fees.
About the Recovery
Loan Scheme
The Recovery Loan Scheme was launched in April 2021 and is there to help your business grow and recover from the Coronavirus pandemic.
The main purpose of the Recovery Loan Scheme is to improve the terms that are on offer to businesses. Rest assured that if we are able to get you a commercial loan on better terms, without the need to use the Recovery Loan Scheme, we will absolutely do so.
Learn more
Am I Eligible?
You can apply for the Recovery Loan Scheme if your business:
is trading in the UK.
is a limited company or limited liability partnership.
have been trading for a minimum of 2 years.
In order to verify that you are eligible for the Recovery Loan Scheme, you will need to be able to show that your business:
would be viable were it not for the Coronavirus pandemic.
has been adversely impacted by the pandemic.
is not in collective insolvency proceedings.
You cannot apply for a loan if your business is a part of the following sectors:
banks, building societies, insurers and reinsurers (but not insurance brokers).
public-sector bodies.
state-funded primary and secondary school.
Have some questions?
You can contact us by filling in the contact form below or getting in touch via phone or email where a member of our fiendly team would be happy to assist.