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Recovery Loan Scheme

  • Government, Loans

    The Recovery Loan Scheme (RLS) has been extended for two more years

    The Recovery Loan Scheme (RLS) was introduced in April 2021 by the government to assist businesses with finance which were hit by the pandemic. The RLS was due to end in June 2022, but on 20 July 2022 it was announced that it will be extended for two more years. The scheme will be re-opening for applications in August 2022. The...

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  • Business, Finance

    The value ASC adds to your business – ”Let’s give it a go!”

    There is no better endorsement than a client returning to ASC to secure further finance, as was recently the case for a client of Philip Thompson, from ASC in Buckinghamshire, and that was not only once, but twice. Philip’s client first contacted him during the pandemic and was initially looking for assistance with a CBILs...

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  • Finance, Loans

    Finance for a long-standing returning client in Hove? 30 years and counting!

    ASC Hove’s Director, Dominic Williams has successfully secured another loan for a long-standing client in Hove. The business has been running for over 55 years, and our client has been running the company for 52 of them, 30 of those years working alongside ASC. We can proudly say that it has and continues to be a...

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  • Finance, Government, SME

    The end of CBILS – but what comes next?

     The government announced the March 2021 Budget last week to continue support some of those hit the hardest by the global pandemic with extensions to Furlough, self-employed support, business grants, loans and VAT cuts.   There isn’t much that impacts commercial finance, except the confirmation that CBILS loans and Bounce Back loans will end at...

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