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RLS IS ENDING - ALTERNATIVES ARE AVAILABLE


With the Recovery Loan Scheme ending in its present form at the end of the month, lenders are looking at filling the gap. While it is expected that there will be a follow up Recovery Loan Scheme later in the summer this may be too slow for some clients. One of our panel has decided to launch a similar product to take its place. Interestingly there is the option of no personal guarantees (on applicable loans). The details are:

  • Loan amounts from £10K up to £10M

  • Terms lasting up to 6 years

  • Interest-only option for up to 12 months*

  • Rates from 6%

  • No Personal Guarantees (on applicable loans)

  • Rapid access to funding, as over 95% of our deals are decisioned within 1 minute

Our other lenders are also keen to fill this space. If you need any help with your funding requirements, please contact us on david@atlascredit.co.uk or 07941 620905.


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