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.
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
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