How to Apply
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Recovery Loan Scheme
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Borrow between £25,001 and £50,000
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No hidden fees or penalties
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Flexible Interest rates
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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/