We look into the importance of credit improvement and how you can improve your clients chances of accessing funding with a better credit score.
Bridging the gap
As we turn our attention to the country and the economy re-opening, many businesses will require further finance as working capital is squeezed.
Picking up where CBILS and BBLS left off, the Recovery Loan Scheme (RLS) will be vital in bridging the gap and will help smooth future cash flows for SMEs. For the 1.5 million businesses that took out a BBL or CBIL, this scheme can sit alongside existing facilities without the need to refinance (if below the maximum facility limit).
- RLS client datasheet - everything your clients need to know about the new scheme
- Agenda points - driving RLS conversations in client meetings
- Email pointers - highlighting the opportunities of RLS to clients