Recovery Loan Scheme (RLS) Applications

(Previously Bounce Back Loan (BBLS) Applications)

In April 2020, the Government launched the Bounce Back Loans Scheme (BBLS), available for most business sectors in the UK, that have been affected by the National Lockdowns to assist with the COVID-19 Pandemic financial crisis.
Loan Amounts range from £ 5,000 to £ 50,000. This is supported under a Six Year repayment Plan, with a very low 2.5% Interest rate.

In April 2021, the Government launched the Recovery Loan Scheme (RLS), available to businesses that have taken previous BBLS and other Bank Loans into account. The lending Limit for Businesses is £ 10 Million which can be evaluated against Outstanding Invoices relating to Customer and Client Debts endured, during the current Pandemic.
Lenders will utilise a number credit checks, although Banks will vary their levels of accountability to support growth moving forward in the UK economy.

Green Cross Solutions will make the necessary calculations, provide an accurate Loan figure that will be guaranteed to be ‘Approved’ by your Business Bank and will assure that you receive the Funds required to continue trading and reinvest in your Business. All supporting paperwork including ‘Self-Assessment’ accounts will be supplied to the Bank as required.

The (BBL) Bounce Back Loan was Supported with a Clear Financial Plan for the next 18 Months, allowing your Business Bank to see that the funds will be used strategically and with careful planning to protect both the client, bank and the Government who were underwriting the scheme at the time of availability.

The (RLS) Recovery Loan Scheme is Supported with a Clear Financial Plan for the next 18 Months, allowing your Business Bank to see that the funds will be used strategically and with careful planning to protect both the client, bank and the Government who are partially underwriting the scheme

This fully Guaranteed Green Cross Solutions Service, is Chargeable at 10% of the Total Loan Amount.

The Following List of UK Banks and Finance Houses are on the List of Government Approved Lenders :
visit the British Business Bank www.British-Business-Bank.co.uk
The approved List is updated on a weekly basis to share information regularly as new lenders become approved.

Examples of successful (BBLS) Bounce Back Loan Scheme clients. Please see the Testimonial Page to read the full Recommendations and Testimonials relating to the various assistance and service provided to the below listed clients.

  • DAM TASTY LTD – Based in E9, London a Specialist Craft Beer Company
    A Consultancy client since April 2017 that had utilised our Lease and Sub-Lease services.
    During the Pandemic in 2020 to 2021, we have been able to cut costs and rebalance the business with our Rent Resolutions, Local Authority, Exceptional Circumstances Grants Awarded Service and the Rates Resolutions service. This has saved DAM TASTY LTD from going into liquidation.

  • FEIJAO DO LUIS – Based in W1 London , a Brazilian Restaurant & Cafe
    During the Pandemic in 2020 to 2021 we have been able to cut costs and rebalance the business with our Rent Resolutions, Local Authority Grants Service and Rates Resolutions services. This has saved FEIJAO DO LUIS from going into administration.
  • GRACIE BARRA, North London LTD – Based in N4, London a Brazilian Jiu-Jitsu Gym
    During the Pandemic in 2020 to 2021 we have been able to cut costs and rebalance the business with our Rent Resolutions, Local Authority Grants Service and
    Rates Resolutions services. This has enabled GRACIE BARRA, Haringey to rebalance the costs and plan for expansion in late 2021.
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