Our ambition to become the UK’s best community bank is more important now than ever, and we want to do everything we can to help our business and commercial customers recover from the impact of the coronavirus pandemic. That’s why we’re proud to be part of the British Business Bank’s Recovery Loan Scheme (RLS), backed by the UK Government.
You can apply for the Recovery Loan Scheme even if your business already has a Bounce Back Loan or Coronavirus Business Interruption Loan. Plus, you can spread out your repayments across a term of up to six years.
Learn more about the 3 types of support we offer as part of the Recovery Loan Scheme.
Please note that we are no longer taking new applications for the Recovery Loan Scheme.
Speak to your Local Business Manager for more information about this type of Recovery Loan.
Call us on 0345 08 08 508 to talk about your Invoice Finance needs.
In addition to cars, commercial vehicles and construction equipment we will consider lending for plant machinery, and even highly specialised equipment.
Call us on 01483 663679 to talk about your asset finance needs.
To be eligible for borrowing under the Recovery Loan Scheme, your business must:
The Recovery Loan Scheme is managed by the British Business Bank on behalf of, and with the financial backing of, the Secretary of State for Business, Energy & Industrial Strategy. British Business Bank plc is a development bank wholly owned by HM Government. It is not authorised or regulated by the PRA or the FCA. Visit british-business-bank.co.uk
Business Finance Support
The British Business Bank has a range of guidance and resources available to all businesses, including content on managing your cashflow and a list of independent advice services.