Recovery Loan Scheme

Launched on 6 April 2021, the Recovery Loan Scheme (RLS) provides financial support to businesses across the UK as they recover and grow following the coronavirus pandemic.

  1. You can apply to the scheme if Covid-19 has affected your business.
  2. You can use the finance for any legitimate business purpose – including managing cashflow, investment and growth.
  3. However, you must be able to afford to take out additional debt finance for these purposes.