Triple Point has been approved for accreditation as a lender by the British Business Bank under the Recovery Loan Scheme (RLS)
Triple Point is delighted to confirm our participation in the British Business Banks’ Recovery Loan Scheme, which supports access to finance for UK businesses as they continue to grow and recover following the Covid-19 pandemic.
Triple Point’s Head of Direct Lending, Toby Furnivall, comments: “We are proud to continue our partnership with the British Business Bank following our involvement in the Coronavirus Business Interruption Loan Scheme, in which we supported over 60 UK based businesses with £147m of funding from April 2020 to summer 2021. The RLS accreditation will help us to continue providing loans at what is a crucial time for the UK SME population as they build back from the numerous challenges that the Covid-19 pandemic has thrown at them."
To learn more about the eligibility criteria of Triple Point’s two funding solutions involved in the scheme, visit our Recovery Loan Scheme page and get in touch with our Direct Lending or Property Lending divisions.
The Recovery Loan Scheme is managed by the British Business Bank on behalf of, and with the financial backing of, the Secretary of State for Business, Energy & Industrial Strategy. British Business Bank plc is a development bank wholly owned by HM Government. It is not authorised or regulated by the PRA or the FCA.