Haydock Finance Support SMEs With Recovery Loan Scheme
Haydock Finance has become an accredited lender under the Government’s Recovery Loan Scheme (RLS) via the British Business Bank. RLS aims to help businesses affected by Covid-19 and can be used for business purposes, including, managing cashflow, investment and growth. Businesses who have taken out a CBILS, CLBILS or BBLS facility are able to access the new scheme. As part of RLS, Haydock can provide Hire Purchase, Finance Lease and Sale & HP Back/ Refinance to SMEs with terms available up to 60 months. All new business enquiries will be managed via Haydock’s broker partners.
Andy Taylor, Haydock Sales Director, comments, “We are delighted to be accredited as a lender for the Recovery Loan Scheme and continue to support SMEs who have been affected by Covid-19. Throughout the pandemic we have maintained our commitment to deliver finance solutions to support SME growth across all sectors, including those deeply impacted.”
The Recovery Loan Scheme 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.