The government has recently announced the Recovery Loan Scheme (RLS) to support businesses. This scheme provides a government backed guarantee when a loan or overdraft application doesn’t meet a lender’s usual requirements.
Starling is in discussions to offer Recovery Loan Scheme (RLS) lending to Limited Companies and Limited Liability Partnerships. This scheme provides a government backed guarantee for business for a Loan or Overdraft. We will be open for applications soon - please see this page for updates.
Our lending is all underwritten by our in-house team of expert underwriters. We pride ourselves on being able to provide a quick decision.
The Recovery Loan Scheme (RLS) is managed by the British Business Bank on behalf of, and with the financial backing of, the Secretary of State for Business, Energy & Industrial Strategy. British Business Bank plc is a development bank wholly owned by HM Government. It is not authorised or regulated by the PRA or the FCA. Visit british-business-bank.co.uk..