Growth Guarantee Scheme For Businesses Looking To Invest And Growl

A government-backed scheme available through accredited lenders.

* Advance Finance Network does not provide funding for startups,
Read qualification requirements here.

Simple steps to explore growth guarantee scheme

Complete A Short Enquiry

Start by sharing a few key details about the business, the amount being considered and the type of finance being explored.

The Details Are Reviewed

The enquiry may be reviewed and matched with lenders or finance providers based on the information provided.

Discuss The Next Steps

If suitable, a member of the team or a finance provider may get in touch to explain the next steps, available options and any information required.

What is a Growth Guarantee Scheme?

The Growth Guarantee Scheme is a government-backed scheme designed to support access to finance for eligible businesses through accredited lenders.

The scheme is the successor to the Recovery Loan Scheme. Businesses may still recognise the former name, but the current scheme is the Growth Guarantee Scheme.

Finance is provided by accredited lenders, not directly by the government. Applications remain subject to lender checks, scheme rules, status and eligibility.

Finance support through accredited lenders

The Growth Guarantee Scheme may help eligible businesses explore finance for growth, investment, working capital and wider trading needs.

The scheme supports access to finance through accredited lenders, with different products and requirements available depending on the lender. The amount available, repayment terms, costs and eligibility criteria can vary.

Advance Finance Network helps businesses start with one enquiry and understand what information may be needed when exploring suitable options with lenders or finance providers.

Support for eligible business finance needs

The Growth Guarantee Scheme is designed to support access to finance for eligible businesses through accredited lenders. Availability, eligibility, product type and terms vary depending on the lender and scheme rules.

Understand The Options Ahead

Share a few key details about the business, the amount being considered and the type of finance being explored.

Clear Next Steps

The process is designed to be straightforward and easy to follow. If suitable, a member of the team or a finance provider may get in touch to discuss the enquiry further.

Options Through Lenders And Finance Providers

Explore finance options from lenders and finance providers. Terms, eligibility and requirements vary depending on the lender, product and business profile.

Speak with the team aboutGrowth Guarantee Scheme

Not sure whether the Growth Guarantee Scheme may be relevant? Speak with the team to discuss the business, the amount being considered and the reason finance is needed.

Advance Finance Network can help explain the enquiry process, what information may be needed and how suitable options may be reviewed with lenders or finance providers.

Frequently asked questions

What is the Growth Guarantee Scheme?

The Growth Guarantee Scheme is a government-backed scheme designed to support access to finance for eligible businesses through accredited lenders.

The Growth Guarantee Scheme is the successor to the Recovery Loan Scheme. The Recovery Loan Scheme name may still be familiar, but the current scheme is the Growth Guarantee Scheme.

No. Finance is provided by accredited lenders, not directly by the government.

Eligibility depends on the lender and the scheme rules. The British Business Bank says the scheme is open to smaller businesses with turnover of up to £45 million on a group basis, subject to conditions.

No. The scheme does not guarantee approval. Applications are still subject to lender checks, scheme rules, status and eligibility.

A lender may ask for business details, trading information, bank statements, company information and details about the finance being considered.

Have more questions?

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