Recovery Loan Scheme


Access the latest available Government funding with V4B.

Apply for the new recovery funding today

V4B Business Finance have been approved to arrange new finance for businesses under the UK Government’s updated Recovery Loan Scheme (RLS).

You can borrow between £25,001 and  £500,000 over a maximum term of 6 years, as long as you have been trading for at least 2 years.

The UK Government’s Recovery Loan Scheme supports small and medium sized businesses to access the finance they need to grow and invest after suffering impact from COVID over the past 2-3 years. Finance can be used for any legitimate business purpose, including working capital or investment.

A key aim of the scheme is to improve the terms on offer to businesses. If we can offer you a business loan for the same amount on better terms, without requiring the guarantee provided by the scheme, we will do so.

Immediate Funds

Aids business growth

Flexible payment options

Dedicated account manager

Better budgetary control

Businesses who have taken out a Coronavirus Business Interruption Loan Scheme (CBILS), Coronavirus Large Business Interruption Loan Scheme (CLBILS) or Bounce Back Loan Scheme (BBLS), previous Recovery Loan Scheme (RLS) facility are able to access the scheme. The actual amount and terms offered are at the discretion of participating lenders. The Government guarantees 70% of the finance to the lender. As the borrower, you are always 100% liable for the debt.

It is important to note that if you are approved for a Recovery loan, you will be liable to pay the RLS interest payments and fees from the outset. The guarantee is to the lender and not to the business.

Key Benefits

· Fixed interest
· Can be in addition to Bounce Back, CBILS, or existing RLS
· Accelerate your plans
· Government Backed

What we need from you

· Latest bank statements
· Latest accounts
· Director’s details

Am I eligible for a recovery loan?

As long as you have been trading in the UK and have accounts for the last 2 years we may be able to help!

Once you apply, we will assess your businesses financials & provide a quick tailored proposal via one of our funding team.