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 borrower is 100% liable for the debt. The scheme is open until 31 December 2021, subject to review. Businesses need to confirm that they would be viable were it not for the pandemic and they have been adversely impacted by the pandemic. Visit this page for full information.
Access funding to recover from the pandemic
by Jane Hampson | Apr 29, 2021