Business Recovery Loan Scheme Extended – 16/11/2021

Accounts Navigator

The Business Recovery Loan Scheme has been extended until 30 June 2022.

It was announced in the Autumn Budget that the Recovery Loan Scheme – originally expected to close on 31 December 2021 – would be extended until Thursday 30 June 2022. The scheme allows businesses to apply for a loan of between £25,000 and £10million.

The loans are 80% backed by the government.

To be eligible, your business must be trading in the UK and you need to show that your business:

  • Would be viable if not for the pandemic
  • Has been adversely impacted by the pandemic
  • Is not in collective insolvency proceedings



Knowing how to take control of your business finances to maximise profits can be difficult, especially with the current climate. Knowing the common mistakes to avoid can be difficult and can leave you feeling unsure.

Our Director Andrea L Richards has written her E-Book on the most common mistakes made by businesses and has provided expert advice on how to overcome them. 

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