Top 10 of 26 law firms for Recovery Loan Scheme, Banking | Southwark, London
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The Recovery Loan Scheme helps businesses obtain finance backed by a government guarantee when ordinary lending is difficult. A solicitor in this area assists by reviewing and negotiating the loan terms, guarantees, and security offered by the borrower, and by coordinating with lenders, accountants, and other advisers to complete the application package. They may draft or check declarations, facilitate disclosure of financial information, and advise on any post-drawdown obligations, such as reporting requirements or compliance checks that follow approval.
