Growth Guarantee Scheme
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Fuel Your Business Growth with the Government-Backed Growth Guarantee Scheme (GGS)
Looking to secure funding to grow your business? The Government-backed Growth Guarantee Scheme (GGS) is designed to help UK small businesses like yours access the finance you need—with greater ease and confidence.
Under the scheme, eligible businesses can borrow up to £2 million, with the government providing a 70% guarantee to the lender. This reduces the risk for the lender, helping unlock funding opportunities that may not otherwise be available. While the guarantee supports the lender, you remain fully responsible for repaying the loan and would need to provide the personal guarantee.Â
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Why consider GGS?
- Flexible finance options: Choose from term loans, overdrafts, asset finance, and more
- Tailored repayment terms: From 3 months up to 3 years
- Suitable for a wide range of industries and funding needs
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To be eligible, your business must:
- Be UK-based with a turnover of up to £45 million
- Earn at least 50% of income from trading activities
- Be considered viable and not in financial distress
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