Government-backed loans.
Growth Guarantee Scheme (GGS)

New: Just Launched, Replacing Recovery Loan Scheme From 1st July 2024.

  • Government-Backed Finance
  • Family Homes Still Protected
  • Latest Scheme to Support SMEs
  • Funds For Any Business Use
  • Terms up to 6 years
  • For businesses up to £45m turnover
  • Funds for any business use

ENQUIRE FROM 1ST JULY 2024

New: Government Backed Loans – The Growth Guarantee Scheme

The Growth Guarantee Scheme (GGS) is the next step in the Recovery Loan Scheme (RLS), offering lenders a 70% government-backed guarantee. This increases their ability to support smaller businesses. For borrowers, the scheme ensures that their Principal Private Residence (main family home) is not taken as collateral. Use the funds for any legitimate purpose and accelerate your business growth today.
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GGS Loan Features That Benefit Your Business

  • Assurance your Principal Private Residence cannot be taken as security
  • A 70% government-backed lender guarantee making finance more accessible
  • £10,000 to £2,000,000 to cover costs or kickstart a project
  • Competitively fixed interest rates
  • Opportunity to use funds for any legitimate business purpose
  • Previous applicants of CBILS, Bounceback, or RLS are eligible to apply
  • Repayment terms up to 6 years
  • Available to SMEs with a turnover up to £45m
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Business partners shaking hands in agreement
What is the Growth Guarantee Scheme?

What is the Growth Guarantee Scheme?

A small business finance facility provides a 70% government guarantee to participating lenders on loans up to £2 million in Great Britain and £1 million in Northern Ireland. This guarantee enhances access to finance for small and medium-sized enterprises (SMEs) and is projected to support 11,000 businesses from 1st July 2024 to 31st March 2026.

Is my business eligible for the growth guarantee scheme?

Is my business eligible for the growth guarantee scheme?

To be eligible your business(es) will have to:

  • Be trading in the UK
  • Generating more than 50% of turnover from trading activity
  • Have a turnover up to £45m a year
  • Not currently be involved in insolvency proceedings
  • Must not be any of the following: a bank, insurer, public sector body, state-funded school, or an individual (except for a sole trader or a partner representing a partnership).
How do I get a GGS loan?

How do I get a GGS loan?

Complete our straightforward online enquiry form, and we’ll connect you with a suitable lender while handling all the administrative tasks for you.

Loans and equipment finance for all types of business

  • Beauty
  • Fitness & Recreation
  • Logistics
  • Residential Care
  • Printing
  • Brewing
  • Franchise
  • Manufacturing
  • Retail & Wholesale
  • Vehicle & Equipment
  • Construction
  • Holiday Parks
  • Media & Comms
  • Science & Technical
  • Entertainment
  • Hospitality & Hotels
  • Medical & Dental
  • Utilities & Waste
  • Farming
  • IT
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