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Recovery Loan Scheme

How does the recovery loan scheme work and is it the right loan solution for your business?

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Our reviews are based on realtime feedback 

Our reviews are based on realtime feedback 

The Recovery Loan Scheme (launched on 6th April 2021) is a debt finance programme, offering businesses affected by Covid-19 the support they require to overcome the impact of the pandemic and provide the potential to expand.

How does the Recovery Loan Scheme work?

Who are the Lenders?

The Recovery Loan Scheme will be available through lenders accredited by the British Business Bank. New lenders under the scheme will be listed on the British Business Bank website as they become accredited.

Who is eligible for the Recovery Loan?

The scheme is available to businesses trading within the UK. Businesses must be able to prove that they would be viable were it not for the pandemic, have been impacted by the pandemic and are not subject to insolvency proceedings.

How much can I borrow?

Term loans and overdrafts starting at £25,000 will be available, as well as asset and invoice finance facilities starting at £1,000, all finance options will be capped at £10 million.

Loans and asset finance facilities will be available for up to six years, whereas overdrafts and invoice finance facilities available for up to three years.

I have already taken out a Covid-19 government scheme, will I still be eligible for the recovery loan scheme?

Yes, the government have confirmed that businesses who have received previous financial aid during the pandemic, will be eligible to access finance under this scheme, providing they meet the other eligibility requirements.

Will businesses from all sectors be eligible to apply for the Recovery Loan?

The following business sectors will be exempt from applying:

    • Banks, building societies, insurers and reinsurers
    • Public-sector bodies
    • State-funded primary and secondary schools

  • Have you thought about Invoice Finance as a cash flow solution for your business?

    Invoice finance allows you to release cash quickly from your unpaid invoices.

    As your lender, we can release up to 90% of your invoices within 24 hours. On payment of the invoice from your customers, we will then release the final amount minus any fees and charges. There are different types of invoice financing options available to businesses depending on the situation and the level of control they require in collecting unpaid invoices.

    We are an invoice financing company who offer a solution whereby payments are collected on your behalf managed by our team of expert credit controllers so you can focus on running your business. Our Confidential Invoice Discounting solution is offered to businesses who want to maintain their own credit control processes, therefore this remains strictly confidential so your customers are unaware of our involvement.

    The benefits of invoice finance companies such as Hitachi Capital
      • Boost your cashflow without having to wait up to 120 days for your customers to pay you
      • An invoice finance company with a revolutionary digital onboarding process, giving you quicker access to funds and the ability to take on new business remotely during this lockdown period
      • Release up to 90% of the invoice straight away, and the final 10% when the invoice is settled
      • No need to chase your invoices, we can do it for you
      • 6 month trial period followed by a rolling contract

Get a quote online or call 0808 250 0859

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We have revolutionised invoice finance with our digital onboarding process


We are an award winning invoice finance company

Best Invoice Finance Service 2021

Highly Commended Factoring Provider 2021

Best Invoice Finance Provider 2020


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Please note that costs are an estimate only and are based on the entered values. Your final quote may change once a Business Development Manager has assessed your business in more detail.

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Why choose Hitachi Capital Invoice Finance as an alternative to a Business Loan

      • A 6 month trial period so you can be sure the product is right for you
      • Followed by a 6 month rolling contract – we don’t tie our clients in for long periods
      • A one fee solution with no hidden fees
      • Award-winning client service by our team of expert Client Managers
      • Our Relationship Management team are in the field to visit you in person
      • We are part of Hitachi Capital (UK) PLC, a company that is going from strength to strength – we’re here for the long term.

Smarter, Faster and Simpler Cashflow Finance with Hitachi Capital

Smarter, Faster and Simpler Cashflow Finance with Hitachi Capital

Smarter, Faster and Simpler Cashflow Finance with Hitachi Capital

Find out how we are revolutionising the way UK SME's access cashflow finance.


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Contact our friendly UK advisors on freephone

0808 250 0859

08.45 - 17.15 Monday to Friday