Recovery Loan Scheme

In the Budget on March 3rd, 2021, Chancellor Rishi Sunak announced the Recovery Loan Scheme (RLS) and the program was initially set to run until 31st December 2021. Due to the ongoing need for funding, it was extended until June 30th 2022.  


​The latest iteration of RLS, informally known as RLS 3.0 was launched on 1st August 2022 and is available even if you had previously taken advantage of RLS, Coronavirus Business Interruption Loan Scheme CBILS & CLBILS) or Bounce Back Loan Scheme (BBLS). 


Lenders must look to support businesses under their standard products first. Failing that, they can use the RLS Government Guarantee to provide additional security to enable them to lend as RLS. To find out more, please call the Team at Origin Finance.


2 Hours



Case Studies


Warehouse Racking for a growing Logistics Company

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Working Capital for a Recruitment Business

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CNC Machinery for a brand-new start company

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Refinance of existing machinery and Vehicles

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Frequently Asked Questions

Image by Sten Rademaker

What is the minimum amount I can borrow?

£10,000 is the minimum amount we can provide on the Recovery Loan Scheme. 

Will my payments increase with interest rate rises? 

No, your monthly payments are fixed, meaning it’s unaffected by interest rate rises or inflation. 

Beer Brewery Machine

Can I access RLS if I have already taken other Government Schemes? 

Yes, RLS is available to customer even if you have already taken CBILS, BBLS or RLS. 

Is there a maximum turnover for businesses applying for RLS? 

Yes, the scheme is open to smaller businesses with a group turnover of up to £45m 

Image by Annie Spratt

Am I eligible if my business is in difficulty? 

No, the borrower must not be a business in difficulty. If your business is in difficulty, you may be eligible for other finance products instead of RLS. 

Can I use RLS to consolidate existing debt within my business? 

Yes, debt consolidation is one of the most common uses for RLS 

Image by Johnathan Macedo