Open government-backed loan

Growth Guarantee Scheme

Government-backed lending scheme helping smaller businesses access finance to invest and grow. Provides a 70% government guarantee to lenders on loans up to £2 million per business. Available through accredited lenders across the UK. Successor to the Recovery Loan Scheme.

Published opportunity

Funding
Up to £2,000,000 per business
Location
United Kingdom
Deadline
No fixed deadline published
Provider
British Business Bank
Current Ventra listing

Published criteria

Who this opportunity is for.

Who can apply
UK-based small and medium-sized businesses seeking finance to invest and grow. Available through accredited lenders including high street banks.
Funding organisation
British Business Bank
Location
United Kingdom
Opens
1 July 2024
Requirement
UK-based SME. Finance must be for business purposes (investment and growth). Applied for through accredited lenders. 70% government guarantee to the lender.

A practical route

What to do next.

  1. 01
    Check the current terms

    Open the provider page and confirm the deadline, location and business-size rules have not changed.

  2. 02
    Compare it with your profile

    Use Ventra’s free matcher to see where this opportunity sits alongside other live routes and why it may fit.

  3. 03
    Prepare the evidence the provider requests

    The exact documents vary. Use the official application guidance as the final checklist before you submit.

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