Growth Guarantee Scheme

About this funding

The Growth Guarantee Scheme is a government-backed finance programme offering loans and other lending facilities to eligible UK businesses.

Available products include term loans, overdrafts, asset finance, invoice finance and asset-based lending, with a maximum of £2 million per business group.

Eligible businesses must be trading in the UK, have turnover not exceeding £45 million, and generate more than 50% of turnover from trading activity. The scheme is administered by the British Business Bank on behalf of the Secretary of State for Business and Trade.

Applications are made directly through accredited providers, which can be found via the scheme page at https://www.gov.uk/business-finance-support/growth-guarantee-scheme.

How to apply

Apply through the scheme page at https://www.gov.uk/business-finance-support/growth-guarantee-scheme

Common questions

What is Growth Guarantee Scheme?

Government-backed lending scheme offering up to £2 million in loans and finance facilities to UK businesses with turnover under £45 million.

How much funding is available?

Growth Guarantee Scheme offers up to £2 million.

What is the deadline?

Growth Guarantee Scheme accepts applications on a rolling basis — you can apply at any time.

Who provides Growth Guarantee Scheme?

Growth Guarantee Scheme is provided by UK Government.

How do I apply for Growth Guarantee Scheme?

Apply through the scheme page at https://www.gov.uk/business-finance-support/growth-guarantee-scheme.