Growth Guarantee Scheme
UK Government — business finance and support
Award
Amount not published
Deadline
No published deadline
Where
UK-wide
Summary
The Growth Guarantee Scheme is a government-backed scheme designed to support access to finance for UK businesses as they look to invest and grow.
Full details
How much can you get The maximum amount available is up to £2 million per business group. The Growth Guarantee scheme can provide finance including: term loans, overdrafts, asset finance, invoice finance and asset-based lending facilities. Who it’s for The scheme is available to businesses trading in the UK whose turnover doesn’t exceed £45 million, and generates more than 50% of turnover from trading activity. The business will also need to show. • the business is viable • must not be a business in difficulty, including not being in relevant insolvency proceedings Organiser The British Business Bank administers the scheme on behalf of the Secretary of State for Business and Trade. Accredited providers can be found via the link below.