The Government continues to do everything possible to protect jobs and livelihoods given the pandemic. As the situation has evolved, it has ensured that the support available matches to the needs of businesses across every part of the country.
Applications have opened for the new Recovery Loan Scheme, which will help individual businesses to access loans worth up to £10 million as they recover from the pandemic. Benefiting from flexibility, an interest rate cap and an 80 per cent government guarantee, the new Scheme will provide further support to businesses and help protect jobs.
A wide range of avenues of support will available throughout 2021, including loans, overdrafts and invoice and asset finance. For more information, please use the following link:
https://www.british-business-bank.co.uk/ourpartners/recovery-loan-scheme/
