RLS Performance Bond Finance

A term loan to provide additional finance to growing businesses who are required to provide a performance bond to the end buyer.

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Loans available from £50k-£200k

Personal Guarantees required from shareholders/directors
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Fixed pricing: 2% arrangement fee and 1.5% per month interest

3-24 month term
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Interest only

Bullet repayment or monthly capital repayments available

Apply now - it's quick and free

Apply for performance bond loans
or call our team
on 020 3964 2829

Government backed loan to help your business grow

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Eligible if your business has been impacted by coronavirus and is a UK limited company trading for at least 3 years
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Support for larger domestic projects or exporters taking on larger overseas contracts
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A great new solution to support business growth
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Innovative funding solution launched in response to specific SME need

Used and trusted by UK businesses, just like yours

Click here to read more

Your government Recovery Loan Scheme questions, answered

The new iteration of the Recovery Loan Scheme (RLS) launched in August 2022 and is designed to support access to finance for UK small businesses as they look to invest and grow. The Recovery Loan Scheme aims to improve the terms on offer to borrowers. If we can offer a commercial loan on better terms, we will do so. Businesses that took out a CBILS, CLBILS, BBLS or RLS facility before 30 June 2022 are not prevented from accessing RLS from August 2022, although in some cases it may reduce the amount a business can borrow. Recovery Loan Scheme-backed facilities are provided at the discretion of Newable. We are required to undertake standard credit and fraud checks for all applicants.

The RLS Performance Bond loan is open to limited companies registered in England and Wales only.

You require cash cover for a contractual performance bond, which is being arranged for you by another lender.

  • What is the new Recovery Loans Scheme (RLS)?
  • Am I eligible?
  • Under what circumstance can I apply?

The new iteration of the Recovery Loan Scheme (RLS) launched in August 2022 and is designed to support access to finance for UK small businesses as they look to invest and grow. The Recovery Loan Scheme aims to improve the terms on offer to borrowers. If we can offer a commercial loan on better terms, we will do so. Businesses that took out a CBILS, CLBILS, BBLS or RLS facility before 30 June 2022 are not prevented from accessing RLS from August 2022, although in some cases it may reduce the amount a business can borrow. Recovery Loan Scheme-backed facilities are provided at the discretion of Newable. We are required to undertake standard credit and fraud checks for all applicants.

The RLS Performance Bond loan is open to limited companies registered in England and Wales only.

You require cash cover for a contractual performance bond, which is being arranged for you by another lender.