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Let's Do Business Finance is again 'accredited' for the new Recovery Loan Scheme!

Let's Do Business Finance are pleased to share that we are accredited for the newest iteration of the Recovery Loan Scheme, and ready to help businesses continue to grow following the pandemic.

There are currently only 15 accredited lenders in the UK including Let's Do Business Finance, with us being the only local lender for the South East and East of England.

The scheme was extended for the third time in August 2022 to provide UK businesses with a much-needed option for finance while they continue to struggle with the after effects of COVID19, as well as the new economic challenges brought by the cost of living and energy crisis and the changed world we all now operate in.

The scheme aims to help smaller businesses across the UK, with a turnover of up to £45 million, to access finance up to £2 million (per business group) to aid their recovery from the impact that the COVID19 pandemic had on their growth – backed by the British Business Bank, the scheme is delivered via a range of accredited lenders; from high street banks like HSBC, RBS and NatWest, to Community Development Finance Institutions like Let’s Do Business Finance.

For more information and to apply, please visit our dedicated RLS page here;

By Martin White from Supply My Business, 1 year ago.

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