Find the support that's right for you
We are a government-owned business development bank, helping thousands of UK businesses access the financial support they need to start their recovery journey.
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
Recovery Loan Scheme (RLS)
For businesses that are recovering after COVID-19
- Borrow £1,000–£10m in asset finance or invoice finance
- Borrow £25,001–£10m as a term loan or an overdraft
- Repay over a period of three months to six years
- Pay no more than 14.99% in combined interest and fees
- No personal guarantees when borrowing up to £250k
- To be eligible, you’ll need to meet certain conditions
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)
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
About us
Case studies
Marwell Wildlife
Winchester Coronavirus Business Interruption Loan Scheme Learn more about Marwell Wildlife Link opens in a new window
Case studies
Ember
Edinburgh Coronavirus Business Interruption Loan Scheme Learn more about Ember Link opens in a new window
Case studies
Room97 Creative Hairdressing
Wakefield Bounce Back Loan Scheme Learn more about Room97 Creative Hairdressing Link opens in a new window
Case studies
Like Minders
London Bounce Back Loan Scheme Learn more about Like Minders Link opens in a new window
Case studies
St Leonards Equitation Centre
Launceston Bounce Back Loan Scheme Learn more about St Leonards Equitation Centre Link opens in a new window
Case studies
Little Kitchen
Bristol Coronavirus Business Interruption Loan Scheme Learn more about Little Kitchen Link opens in a new window
Case studies
Pasta King
Newton Abbot Coronavirus Business Interruption Loan Scheme Learn more about Pasta King Link opens in a new window
Case studies