Recovery Loan Scheme
Launched 6th April 2021
British Business Bank announced that both CBILS and the Bounce Back Loan schemes have been replaced by the Recovery Loan Scheme, a government backed loan scheme designed to help and support UK businesses from the ongoing disruption of the COVID 19 pandemic. This scheme will run from 6th April 2021 to 31st December 2021, subject to review.
Whether you are looking for a term loan, an asset purchase or re-finance, or you would like to consolidate existing commitments into a more affordable payment, speak to us about how a Recovery Loan could help fund your business.