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