Find the support that’s right for you
Recovery Loan Scheme (RLS)
Borrow up to £10 million through a variety of products (eligibility conditions apply)
- For UK businesses, no matter what their turnover
- Make repayments over three to six years (depending on the facility)
- Pay interest and lending fees from the outset, but no more than 14.99%
Pay As You Grow (PAYG)
For businesses that took out a Bounce Back Loan
- Extend your repayment term from six to 10 years at the same fixed interest rate of 2.5%
- Reduce monthly repayments for six months by paying interest only
- Take a repayment holiday for up to six months (conditions apply)
Support finder tool
Discover finance support available to you
- Learn more about managing your business in periods of economic uncertainty
- Help your business recover and prepare for growth
- Understand your growth finance options and ready your business for investment
Dealing with debt
For businesses that are struggling with repayments
- Explore resources around managing debt, bankruptcy and tax arrears
- Understand what you can do if you’re owed money, and how to get invoices paid on time
- Learn ways to improve your cashflow through credit control measures and cutting needless spending
