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Apply for the Government's Recovery Loan Scheme

We provide specialist business finance including the Recovery Loan Scheme. Instant decisions available. No start ups. Minimum 2 years trading. Borrow up to £10m. Asset Finance, Loans & Refinance.

 Get Accepted: 

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Borrow between £25,000 - £10million
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Terms up to 6 years from 75+ lenders
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5* Rated on Google Reviews
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Instant decisions  under £100,000

Our Process

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Get in touch and confirm your requirements.
Your account manager may ask you for supporting information.

1.

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Application approved and terms agreed.
 

2.

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3.

Funds released.
 

What is Recovery Loan Scheme (RLS)?

The Recovery Loan Scheme (RLS) launched to help UK businesses access finance as they recover and grow following the Covid-19 pandemic. The scheme can be used for business purposes, such as managing cash flow, investment and growth but you must be able to afford to take out additional finance for these purposes.

Benefits of RLS

Borrow up to 25% of your turnover from £25,000 to £10 million

No personal guarantees required up to £250,000 (per lender)

Terms up to 6 years

Easy application process and instant decisions available

Get approved today for loans, asset finance, refinance and invoice finance

Can be taken on top of existing CBILS/Bounce Back Loan (BBL) facilities

Utilise for cash flow, investment and growth in your business post Covid 19

Am I eligible for an RLS Facility?

UK Based business that's been affected by the Covid-19 outbreak.

No turnover restrictions but lender criteria applies

Minimum 2 years trading for loans and 1 years trading for asset finance/refinance

Over 50% of turnover from trading activity (i.e. not from investments or inter company trading)

Loan is primarily for trading in the UK

Further key features

Facilities above £250,000, personal guarantees are allowed at lender discretion

Borrower remains 100% liable for the debt and the 80% guarantee is to the lender not client

Borrowers can apply for an RLS facility up to 31 December 2021, subject to review

You must be able to self certify that you have been affected by the pandemic

In most circumstances, lenders can only offer RLS where they wouldn't lend on a normal facility.

Eligibility varies from lender to lender and we suggest calling one of our dedicated RLS specialists on 01908 039 818

Find out about the rest of our finance products

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Crown Business Finance Limited    |    Privacy Notice    |    Complaints

Crown Business Finance Limited is an independent asset finance brokerage and not a lender, as such we can introduce you to a wide range of finance providers depending on your requirements and circumstances. We are not independent finance advisors and so are unable to provide you with independent finance advice. Crown Business Finance Limited may receive payment(s) or other benefit from the finance provider if you decide to enter into an agreement with them. Crown Business Finance Limited aims to provide our customers with the highest standards of service. If our service fails to meet your requirements, we will endeavour to find a resolution.

 

Crown Business Finance Limited is an Appointed Representative of AFS Compliance Ltd, which is Authorised and Regulated by the Financial Conduct Authority, firm number 625035. Crown Business Finance Limited is a Franchisee of Asset Finance Solutions (UK) Ltd. Crown Business Finance Limited is incorporated in England and Wales (company number: 12091513) with its registered office at 29, Linford Forum, 18 Rockingham Drive, Milton Keynes, MK14 6LY

Calls are recorded for training and monitoring purposes. This privacy notice applies to telephone calls recorded by Crown Business Finance. When a customer calls Crown Business Finance, the call is recorded. Such a call may contain personal data.

 

We use the recorded for monitoring and training purposes. The calls help us deliver quality services to our customers.