Would you like the good news or the great news?
The Good News
In an era where businesses need stability, the UK government has stepped in with an initiative that provides much-needed financial respite: the Recovery Loan Scheme (RLS).
The Great News
And the great news for our valued clients – we’ve been approved as a broker for this fantastic scheme!
At Pinnacle Business Finance, situated in the heart of Bristol, we’re eager to bring this opportunity to you, assisting countless businesses in leveraging the advantages of this very safe and trusted government-backed initiative.
Recovery Loan Scheme (RLS): An Overview
The Recovery Loan Scheme is a government-backed initiative designed to support businesses in the wake of unprecedented economic challenges and inflation.
With the RLS, you can facilitate your business finance needs, helping you adapt to the current climate.
Key Highlights of the RLS:
- Loan amounts from £25,001 to £250,000.
- Flexible loan terms, ranging from 2 to 6 years.
- Eligibility even if you already have an RLS, CBILS, or BBLS loan.
Are You Eligible for the RLS?
To qualify, your businesses must:
- Have a turnover of up to £45 million.
- Have been trading in the UK for a minimum of 2 years.
- Be a limited company.
- Intend to use the loan for genuine business purposes, such as working capital or investment.
- Not be in financial difficulty or have any ongoing collective insolvency proceedings.
Why Partner with Pinnacle Business Finance?
Our mantra is simple: “Your Business Finance Always Comes First.” We’re more than just a commercial finance brokerage. We’re a dedicated team with a wealth of experience in sourcing business loans, commercial property finance, cash-flow funding, and business acquisition finance.
With a relaxed and knowledgeable team, we guide you through the funding journey, ensuring you obtain optimal commercial finance tailored for your needs. Our track record speaks for itself – we’ve facilitated thousands of successful funding journeys for businesses just like yours.
Got questions or just curious? Hit the button below and let’s chat about how this scheme can work for you!