The Resilience and Recovery Loan Fund (RRLF) will be closing to new applications on Wednesday 31 March at 23.59.
RRLF is a £25m fund for social enterprises and charities that are improving people’s lives across the UK who are experiencing disruption to their normal business model as a result of COVID-19. It was established in April 2020 to make an existing government scheme (the Coronavirus Business Interruption Loan Scheme (CBILS) more easily accessible to charities and social enterprises. To date, RRLF has approved funding of over £23m to 63 charities and social enterprises, with around £6m in funding still available. Of the current total, over £19.5m worth of loans and over £2.8m worth of grants have been approved.