Recovery loans can be used for any legitimate business reason. You know your business and goals, and you choose where the investment needs to go.
Speak to an Advisor Now
Flexible
Government-backed loans are open to all businesses in the UK looking to generate liquid capital.
Trusted
We have years of experience with recovery loans and you can trust us to get the process right.
Open Minded
We go the extra mile and understand that sometimes you have to be creative to find the right government-backed loan.
Easy
Apply for a recovery loan online and receive a quick response about your application.
How recovery loans work
Step 1
Identify what you need funding for
Step 2
Speak to a personal advisor
Step 3
Secure the best rate
Step 4
Receive the funding
The recovery Loan Schemes continue to support UK small and medium size businesses. We only advise on non-regulated funding solutions.
What is a Recovery Loan Scheme (RLS)?
The UK Government has launched another iteration of its Recovery Loan Scheme (RLS), setting out to support businesses with access to funding for growth and investment purposes.
The revised scheme is open to all UK businesses, even those that have already taken Government-backed loans in the past (eg. RLS, CBILS, Bounce Back Loan). Businesses can apply online for funds of up to £ 2 million for any legitimate business interest.
What is a Recovery Loan Scheme (RLS)?
The UK Government has launched another iteration of its Recovery Loan Scheme (RLS), setting out to support businesses with access to funding for growth and investment purposes.
The revised scheme is open to all UK businesses, even those that have already taken Government-backed loans in the past (eg. RLS, CBILS, Bounce Back Loan). Businesses can apply online for funds of up to £ 2 million for any legitimate business interest.
Benefits of Recovery Loan Schemes
- Borrow from £10,000 to £2,000,000
- Up to 6-year terms – affordable monthly payments
- Low competitive rates
- Liquid cash injection
- Purchase anything your business needs
- Spread costs over a short or long-term period
- Potential tax advantages available
FAQ´s Recovery Loans
Can´t find the answer to your question below? Please send us a message.
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What can I use a recovery loan for?
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How does a recovery loan compare to other funding options?
The government backs 70% of a Recovery Loan which means your business carries less risk. As a result, more businesses can access this type of finance.
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How long will I be paying back the recovery loan?
The recovery loans can last up to 6 years. You can determine the length of the term based on your requirements.
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When does the recovery loan scheme end?
The UK Government launched Phase 2 of the scheme on 1st September 2022 and initially plans to run the facility until 2024.
Ready to talk?
Speak to a specialist in recovery loans today. Discover how you can use finance to grow your business and any tax advantages that may be available.
01992 762 323
Any rates or solutions mentioned on this website are subject to your individual circumstances. In some instances, we can even offer better rates and more diverse solutions. Message us to receive a free consultation.
Testimonials
What clients say about Recovery Loans
The team at Cavendish Capital is knowledgeable, hardworking, and honest. Highly recommended.
Our roofing company was able to access a recovery loan that helped with a cash injection.
We received a 5-star service from Cavendish Capital when we needed an unsecured loan.
