What Is An RLS Loan?
The abbreviation RLS is short for Recovery Loan Scheme. This is a government backed business loan scheme, created to support businesses recovering from the Covid pandemic.
You can apply for the RLS scheme with either you bank or a number of lenders accredited by the British Business Bank.
The Recovery Loan Scheme (RLS), is a replacement for the Bounce Back Loan Scheme and the Coronavirus Business Interruption Loan Scheme (CBILS).
Here are some more articles about the Recovery Loan Scheme: