Growth Guarantee Scheme (GGS)
Government Backed Business Loans for Growth
Check eligibility
in 20 seconds
Apply online
in 2 mins
Decisions in
less than 1hr
Borrow between
£10,000 - £250,000
No fees to
settle early
Business Loans for Growth in the UK
The Growth Guarantee Scheme (GGS) replaces the Recovery Loan Scheme, giving UK small businesses easier access to government-backed finance to support investment and future growth. The GGS provides a government guarantee of 70% to lenders, enabling more businesses to secure the funding they need to invest and expand, making finance more accessible and flexible for UK businesses..
Growth Guarantee Scheme Criteria
The Growth Guarantee Scheme is open to a wide range of UK businesses, from start-ups to established SMEs, across most sectors. You could be eligible if your business:
- Is trading in the UK
- Generating more than 50% of turnover from trading activity.
- Has a turnover of up to £45 million
- Isn’t in collective insolvency proceedings
- Meets the lender’s standard credit and fraud checks
Benefits of the Growth Guarantee Scheme
- Government-backed security – A 70% government guarantee to lenders makes finance more accessible for UK businesses.
- Added assurance – Your home (Principal Private Residence) cannot be taken as security for the loan.
- Flexible funding – Borrow from £10,000 to £2,000,000 to manage cash flow, invest in growth, or start a new project.
- Competitive rates – The government guarantee helps more businesses access finance at competitive terms.
- Choice of products – GGS supports term loans, asset finance and even asset-based lending, giving you flexibility to fund your business your way
Your Fast Track To Funding
Businesses helped
Million funds sourced
Average turnaround from start to finish
Why Business Loans are Essential for Growth?
For businesses looking to expand, funding is often a critical component of success. Here are some key ways a business loan can support your growth:
Expand Operations
Whether you need a larger office, more warehouse space, or additional retail locations, a loan can provide the funds to support your expansion goals.
Hire Additional Staff
As your business grows, you may need to hire more employees. A loan can help cover the costs of recruitment, salaries, and training, enabling you to scale your team to meet rising demand.
Invest in Equipment and Technology
Upgrading to the latest technology or purchasing new machinery can improve efficiency and productivity. A business loan can give you the capital required to make these investments without depleting your cash reserves.
Increase Inventory
Expanding your product range or stock levels to meet growing customer demand can be costly. A business loan ensures you can purchase inventory without straining your cash flow.
Boost Marketing Efforts
Expanding your reach requires investment in marketing, whether through digital campaigns, advertising, or brand promotion. A business loan allows you to fund these initiatives effectively, helping you attract new customers and drive sales.
Check If I Qualify
Check Eligibility without affecting your credit score
Check if you’re eligible in 20 Seconds
Apply online in 2 mins
Get your decision
Funds paid into your bank within 24 hours
What our clients say
As Seen In
.svg)
.svg)
Latest News
Eligibility Criteria For Working Capital Loan: What Lenders Look For
How Does A Working Capital Loan Work? Everything You Need To Know
