Government Loan Schemes (Asset)

Recovery Loan Scheme

We pride ourselves on being at the forefront of the changes in the finance sector and we are always very close to any Government supported initiatives.

The current scheme details can be found here:

https://www.british-business-bank.co.uk/ourpartners/recovery-loan-scheme/

Some of our Asset Finance lenders are accredited to provide facilities supported by the Recovery Loan Scheme.

Advantages of accessing the scheme include:

  • No requirement for personal guarantees up to debt of £250k
  • The cost of interest is limited
  • Challenging asset purchases can often be supported as the scheme provides additional security comfort

Some examples

Case Studies

Construction Client

Specialist construction client purchasing a used Piling Rig. Purchase Price £190,000 plus VAT.HP loan amount £190,000. VAT Only Deposit. 60 monthly repayments. No balloon.Facility completed

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