The Growth Guarantee Scheme is a government-backed funding initiative designed to help UK businesses access the finance they need to grow, improve cashflow and invest in future opportunities. Backed by the British Business Bank, the scheme supports businesses that may struggle to secure funding through traditional lending alone.

Businesses can access up to £2 million through a range of finance options including business loans, overdrafts, asset finance and invoice finance. The government guarantees part of the lender’s risk, helping accredited lenders offer funding to more businesses across the UK.

The scheme can be used for:

• Business expansion
• Purchasing equipment or vehicles
• Hiring staff
• Improving cashflow
• Investing in new projects

The Growth Guarantee Scheme is available through a wide range of accredited lenders, making it easier for businesses to find a funding option that suits their needs and circumstances.

If your business is looking to grow, the Growth Guarantee Scheme could provide the flexible finance needed to take the next step.