Unsecured loans getting business back on track!
Following on from the pandemic, the Recovery Loan Scheme is now operational
Our lenders are in the process of becoming accredited to the government’s new Recovery Loan Scheme. The scheme is set to run from 6th April to 30th June 2022.
Need funding today? We work with 100+ lenders who are still offering alternative finance; including revolving credit, unsecured, secured, asset, property, invoice, eCommerce, and structured finance.
The lender will want to ensure that you have a trading record – having filed at least one set of accounts, and have the affordability in the company to afford the loan terms. Loans are offered for most purposes, ranging from expansion to paying taxes or simply adding to your cash-flow to meet unexpected expenditure. Typically the directors will sign a personal guarantee (unlike the majority of Recovery/CBIL or Bounce-back loans) – and the loan is repayable on a monthly direct debit in even instalments.
We regret that we are not able to assist business start-ups that have no prior trading records.
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