GROWTH GUARANTEE SCHEME
What is it?
The Growth Guarantee Scheme is designed to facilitate access to finance for smaller UK businesses aiming to invest and expand.
This scheme succeeds the Recovery Loan Scheme (RLS).
Under the Growth Guarantee Scheme, businesses can secure facilities of up to £2 million, with the government providing a 70% guarantee to the lenders.
FOUR SIMPLE STEPS
How it works
Complete our online form
Fill in a few basic details about your business — it only takes a couple of minutes.
We match you with lenders
We search our panel of lenders to find the right loan for your business.
Receive your options
Get clear, tailored loan offers with no obligation — compare and choose what works for you.
Get funded fast
Accept your offer and receive funds in your account — some lenders offer same-day funding.
FUNDING BUILT FOR GROWTH
Benefits of the Growth Guarantee Scheme
Borrow £25,001 to £2m
Access significant funding to support business growth, expansion, or major capital investment.
Flexible terms — 6 months to 6 years
Choose a repayment period that works for your business, from short-term to longer commitments.
No early settlement fees
Pay off your loan ahead of schedule with absolutely no penalty or additional charges.
Your home is protected
Your Principal Private Residence will not be taken as security for the loan — your family home is safe.
Fast decisions — as little as 1 hour
Quick turnaround on lending decisions so you can plan and move forward with confidence.
Expert UK account managers
Dedicated UK-based account managers ready to guide you through every step of the application process.
GROWTH GUARANTEE SCHEME ELIGIBILITY
You are eligible to apply if you:
- Have a turnover between £100k and £45m
- Have been trading in the UK for at least 2 years
- Are a Limited Company, Sole Trader, or LLP
- Want to use the loan for a business purpose (e.g. working capital, growth, or investment)
- Are a solvent business — not currently in financial distress
The Growth Guarantee Scheme is a government-backed initiative. Eligibility is assessed by the lender and approval is subject to status and affordability.
Rates & terms
Interest rates vary by lender and are subject to the Bank of England Base Rate. Subject to status, eligibility, and affordability assessment.