Recovery Loan Scheme

GPTKB entity

Statements (23)
Predicate Object
gptkbp:instanceOf government loan scheme
gptkbp:administeredBy gptkb:British_Business_Bank
gptkbp:country gptkb:United_Kingdom
gptkbp:eligibility UK businesses
gptkbp:guarantees 80%
https://www.w3.org/2000/01/rdf-schema#label Recovery Loan Scheme
gptkbp:interestPayments businesses responsible from day one
gptkbp:launchDate April 2021
gptkbp:launched gptkb:UK_Government
gptkbp:loanTypes overdrafts
asset finance
term loans
invoice finance
gptkbp:maximumLoanAmount £25,001 to £10 million
gptkbp:purpose support businesses affected by COVID-19 pandemic
gptkbp:replacedBy gptkb:Bounce_Back_Loan_Scheme
gptkb:Coronavirus_Business_Interruption_Loan_Scheme
gptkbp:status open (as of 2024)
gptkbp:successor COVID-19 loan schemes
gptkbp:termLength up to 6 years
gptkbp:website https://www.british-business-bank.co.uk/ourpartners/recovery-loan-scheme/
gptkbp:bfsParent gptkb:BBLS
gptkbp:bfsLayer 7