British Business Bank to extend Recovery Loan Scheme


The British Business Bank (BBB) announced on Wednesday that a successor to the Recovery Loan Scheme (RLS) will be opening for applications in August 2022.

The new scheme, which will run until 30th June 2024, will provide a range of facilities, including term loans, overdrafts, and asset and invoice finance of up to £2m. The bank confirmed that it will provide further details of the new scheme in due course. 


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Posted on Jul 21, 2022
Region: UK
SME finance