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.

01
Check the current terms
Open the provider page and confirm the deadline, location and business-size rules have not changed.
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.
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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