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.
Apply For A Recovery Loan
- 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.
THE KEY BENEFITS FOR YOU
– 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.
Apply today for a quick decision
We pride ourselves on thousands of happy clients over 30 years of operation. Our team are experts in building relationships with our clients and providing the best credit options available.
Established in 1991
Thousands of customer success stories
Wide range of credit & finance options available
Borrow from £10,000 to £1,000,000+
Fast Decisions
And more…
Check your eligibility
To apply, your business must have a minimum annual turnover of £250,000 & at least 2 years of trading history.
Applying will not affect your credit rating and our business funding is unsecured, however you should be a homeowner with a good personal/business credit history for maximum chance of approval.
