Loan Amounts
Loan Terms
Loan terms from 1 to 6 years with monthly fixed payments
Eligibility Criteria
Turnover
Your annual company turnover is up to £45 million
Company Status
Are you a UK registered business?
Trading Time
Have you been trading for more than 2 years?

Recovery Loan Scheme (RLS)
Launched on 6 April 2021, the Recovery Loan Scheme (RLS) helps UK businesses access finance as they recover from the effects of the Covid-19 pandemic.
The scheme can help you if you have a legitimate business need for the finance, such as boosting cash flow, increasing investment, and growing your business. Unlike previous RLS applications, you do not need to confirm if your business has been directly impacted by Covid-19.
If you have already taken out a Coronavirus Business Interruption Loan Scheme (CBILS), Coronavirus Large Business Interruption Loan Scheme (CLBILS) or Bounce Back Loan Scheme (BBLS) facility after 1st August 2022, you are able to access the Recovery Loan Scheme however the amount you can borrow may be reduced.
It is important to note that with the RLS you are liable to pay interest payments and fees from the outset.

How to apply for a recovery loan?
Quick Applications
Fill out our application form in less than 5 minutes
Dedicated Support
Your application will be allocated to your dedicated case manager
Quick Responses
Your case manager will be in touch within 4 working hours
Minimal Paperwork
They will collect all required documents to process your application
Quick Decisions
You will receive a decision within 48 hours in most circumstances
Fast Payouts
You will receive your funds within 48 hours of acceptance in most circumstances
The Benefits of Recovery Loans
Flexible Terms and Borrowing Amounts
With terms ranging from 1 to 6 years available, you are able to take control of your finance needs by spreading the cost over manageable fixed monthly payments.
With the RLS 3.0 you are able to borrow between £25,001 and £250,000.
Fast Decisions and Pay-Outs
In most cases you can expect decision within 48 hours and funds released within 48 hours of acceptance.
Minimal Paperwork
The RLS 3.0 is easy to apply for with minimal paperwork required. All you need to apply is;
- Last 2 years accounts
- Last 6 months business bank statements
- Management accounts
- Details of what the funds will be used for
- Details of any current CBILS, CLBILS and BBLS facilities
With extensive experience with providing a range of finance facilities, we are well placed to ensure you have access to the best finance products for your circumstances. As a company we have enabled numerous firms to raise capital and spread the cost into manageable payments by selecting the best lenders for their needs.
With access to over 250 lenders, with many exclusive to RLA Capital, we are best placed to cater for your finance requirements.
View our full range of business finance facilities here
Related Resources

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But instead of reaching for the credit card when cash flow is tight, reach out for a small business loan. Business Loans can help you get back on track without having to break the bank.
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What are your lending options after the RLS?
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This guide will cover the main topics of how you can manage your cash flow effectively and sources of finance.
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