The Recovery Loan Fund is a continuation of the Resilience and Recovery Loan fund - a fund set-up during Covid-19 which raised and dispersed £20m+ within a matter of months to provide liquidity to the VCSE sector as it grappled with the impact of Covid-19. The RLF will be used in much the same way as the RRLF: unsecured funding for a variety of purposes, including supporting charities to shift to online delivery whilst face-to-face interaction was limited, providing working capital and funding for Capex (e.g. essential maintenance), and supporting the development of new revenue streams.