Recovery Loan Scheme
The Recovery Loan Scheme (RLS) provides financial help to businesses who have been affected by coronavirus across the UK.
The finance you obtained through this scheme has to be used for a legitimate business purpose, this includes managing cash flow, investment or for growth. This scheme is only designed for businesses who are able to afford to take out additional debt finance.
Key features of the scheme:
No guarantees up to £250k
Up to 6 year terms
Up to £10m facility
No turnover restrictions
Access to multiple schemes
Do I qualify?
You can only apply for the Recovery Loan Scheme if your business is trading in the UK.
Your business will also need to be able to prove that they have been impacted by coronavirus.
Why choose Link Business Finance!
We provide a friendly, reliable service from the very first moment you speak to us. We have a dedicated team ready to support your businesses requirements and will be on hand to source the best finance on the market.
We aim to make the application process as simple as possible and use our experience to determine which lenders best suit your requirements. The lenders we use enable us to provide you with a decision typically within 24 hours. This means we can finalise the process from start to finish within 2 days.
We Support Your Business And Help You Grow
We aim to make the application process as simple and efficient as possible. Our experienced Account Managers will advise you on what information we need to find you the best solution
We use our experience to determine which lenders are best suited to your business and requirement. This enhances the chance of approval and preferred terms
We hold an excellent relationship with over 70 lenders, enabling us to provide you with a decision typically within 24 hours, whatever your requirement or circumstances
Once we have an acceptance we can have the funds released to you or your supplier usually within 24 hours. This means we can finalise the process from start to finish within 2 days
WHAT PEOPLE SAY
I would certainly recommend Link Business Finance. From start to finish they were transparent and Knew exactly what I wanted. They had funds available within 24 hours and made the process very easy.
After being declined by my bank as I was a new business, I contacted Link Business Finance who were able to arrange finance for my new cafe. I am so pleased with the service and will be back when I need more finance.
Steve, Sales Director
I introduced one of my customers to Link who contacted my customer straight away and arranged the finance within hours. I was paid within 24 hours of invoice. Will now be sending all my business to these guys!