Claratus have access to the latest version of the government-backed Recovery Loan Scheme (RLS) funding facilities.
Qualifying criteria
The RLS scheme is designed to appeal to businesses that can afford to take out additional finance, providing them with continued support as they steer a path towards a sustainable recovery.
Funds can be used for business purposes including managing cashflow, investment and growth.
Your business may have existing BBLS, CBILS, CLBILS or RLS facilities. This does not prevent you from benefiting from the new scheme, although the amount borrowed under previous facilities may limit the amount that can be borrowed through this latest version of the Recovery Loan Scheme.
A key aim of the Recovery Loan Scheme is to improve the terms on offer to businesses. We will work with you to investigate and provide the most appropriate facility. If a lender can offer the choice of a commercial loan on better terms, without requiring the guarantee provided by RLS, they should do so.
For the Recovery Loan Scheme Claratus is a broker, not a lender.
As with the other support schemes, the borrower is 100% liable for the debt.
We are Claratus Commercial Finance, an Innovative and Service led Finance Company specialising in finance to SMEs and Professions.
We’re here to help:
We look forward to working with you and helping your business move forward and thrive. We will ensure all options are fully explored, including the new RLS facilities where appropriate.
Should you have any questions or queries, please don’t hesitate to contact us.