How to Apply

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Recovery Loan Scheme

  • Borrow between £25,001 and £50,000

  • No hidden fees or penalties

  • Flexible Interest rates

  • One to five year repayment terms

 

From 1 July 2024, the Recovery Loan Scheme has been extended and rebranded to the Growth Guarantee Scheme. More information on the Growth Guarantee Scheme can be found here. 

The British Business Bank has a range of guidance and resources available to all businesses, including content on managing your cash flow and a list of independent advice services.

The Recovery Loan Scheme is managed by the British Business Bank on behalf of, and with the financial backing of, the Secretary of State for Business, Energy & Industrial Strategy. British Business Bank plc is a development bank wholly owned by HM Government. It is not authorised or regulated by the PRA or the FCA. Visit https://www.british-business-bank.co.uk/ourpartners/recovery-loan-scheme/

What our clients say...

  • I couldn’t have done this without you, this loan has helped me move production from my kitchen table to a dedicated facility!

    Lori Coco Pzazz
  • I think I love you, thank you so much Jackie. We'll definitely stay in touch as I may need some help in the future.

    Hannah Black Barn Flooring
  • Robert Owen Community Banking Fund really really helped us in the emergency. It was really nice to be able to speak to someone person-to-person about our particular position and the help we needed.

    Asher Flowers Enjoy Rogue
  • I am hugely grateful for your support. We couldn't have launched without ROCBF as all other bank lending was unavailable.

    Ky Wright BIOVIT Ltd
  • All the staff I dealt with were helpful and patient, making the process straightforward.

    Powys Home Improvement Loan Customer