GOVERNMENT BACKED BUSINESS LOANS
No early settlement fees
Range of terms available
The Recovery Loan Scheme (RLS) is expiring in June, having been launched on 6 April 2021 to recharge the economy and get businesses back up and running.
The scheme gives the lender a government-backed guarantee to encourage lending. If you’re borrowing £250,000 or less, the lender won’t take any form of personal guarantee. As the borrower, you remain 100% liable for the debt. Businesses are required to meet the costs of interest payments and any fees associated with the RLS facility.
Am I eligible?
You will need to meet the following criteria:
Minimum 2 years trading history in the UK
Minimum £100K turnover
Must be a limited company or limited liability partnership (LLP)
Self-certify that your business has been impacted by COVID-19
Loan is for business purposes - working capital or investment
To apply for the Recovery Loan Scheme (RLS) please complete the form below and a member of the Charles & Dean team will be in touch to discuss your application.