Is the Recovery Loan Scheme ending soon?

The current iteration of the Recovery Loan Scheme was launched on 1st September 2022 and will be closed to further applications from midnight on 30th June 2024. However, RLS is being renamed the Growth Guarantee Scheme with the same terms and being extended until 31st March 2026, following an announcement in the Government’s Spring Budget, with a pledge of £200m in funding.