From today (Tuesday 6th April), the various government-backed loan schemes will merge into one new offering, the Recovery Loan Scheme (RLS). Previous schemes have had defined criteria around the size of the business applying, along with different amounts of borrowing available depending on that size of the business. The RLS will be one offering for businesses of all sizes and life stages.
This NACFB webinar will provide full context for the new government-backed scheme, featuring a review of the finer details and its scope, as well as outlining expectations of Members engaging with the scheme, including guidance on marketing promotions.
The live webinar will cover:
- An overview of the government-backed loan schemes to date
- Details of the new Recovery Loan Scheme (RLS)
- How the scheme differs from CBILS
- Recommendations on broker commission with RLS
- Guidance on how Members and Patrons should promote RLS compliantly
- Application and process support for Patrons
- Details of how the Northern Ireland Protocol impacts the scheme
- And advice on how to add value to clients using RLS
An exclusive 20-page guidance document will be shared with all NACFB Members and Patrons this week.
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