How does the Growth Guarantee Scheme work?

The GGS provides a Government guarantee of up to 70% on loans provided by participating lenders, making it easier for businesses to secure financing. Loan Options assists clients by working with lending partners to find the best finance options under the scheme, ensuring businesses can access the funds they need with favourable terms.

Can I get equipment financing through the Growth Guarantee Scheme?

Yes, equipment financing is one of the options available under the GGS. Loan Options connects clients with lending partners who offer equipment financing solutions, helping businesses acquire essential equipment without large upfront costs

What are the benefits of the Growth Guarantee Scheme for small businesses in the UK?

The GGS helps small businesses in the UK access essential funding for growth, with benefits such as more favourable terms due to the Government guarantee. Loan Options helps small businesses navigate the application process and connect with lending partners who offer tailored finance solutions.

How do I apply for the Growth Guarantee Scheme?

To apply for the GGS, you need to provide details about your business, including financial information. Loan Options simplifies this process by offering a user-friendly platform where clients can easily apply and receive guidance throughout the application process, connecting them with suitable lending partners.

What types of financing are available under the Growth Guarantee Scheme?

The GGS supports a wide range of financing options, including term loans, overdrafts, asset finance, invoice finance, and asset-based lending. Loan Options helps clients determine which type of financing best suits their needs and connects them with lending partners who offer these products.

Growth Guarantee Scheme

Apply for a loan under the Growth Guarantee Scheme

Take advantage of the new Government-backed Growth Guarantee Scheme, designed to support UK small businesses. This scheme helps secure the funding needed for investment and growth, offering favourable loan terms and a streamlined application process. With our assistance, you can access the financial support necessary to take your business to the next level.

Discover how the Growth Guarantee Scheme can help your business achieve its full potential with Loan Options.

What is the Growth Guarantee Scheme?

The Growth Guarantee Scheme is aimed at supporting UK small businesses by offering government-backed guarantees on loans. At Loan Options, we help you access this scheme, enabling you to secure the funding necessary for investment and growth. With our guidance, you can enjoy favourable loan terms and a streamlined application process, ensuring your business receives the financial support it needs to thrive.

This scheme is backed by the British Business Bank and requires that you have been trading for at least 2 years. It is available for term loans and equipment finance, but principal private residences cannot be taken as security. Furthermore, competitive fixed interest rates are offered, and previous applicants or recipients of CBILS are eligible to apply.

Backed by the British Business Bank.

Available for term loans and equipment finance.

Competitive fixed interest rates

Principal private residences cannot be taken as security

How It Works

Applying for a loan under the Growth Guarantee Scheme can be a crucial step in growing your business, and understanding the process can help set clear expectations. At Loan Options, we collaborate with a network of trusted partners to offer tailored loan solutions that meet your unique needs. Our goal is to provide you with the necessary funds quickly and efficiently, while ensuring you have the support and guidance you need at every stage.

Here’s a general overview of the four-step process to help you understand what to expect when applying for a loan under the Growth Guarantee Scheme through our partners:

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Step 1

Initial Enquiry

Start by providing basic information about your business. This helps us understand your needs and eligibility.

Step 2

Loan Matching

Using advanced technology, we match your business with suitable loan options under the Growth Guarantee Scheme based on your circumstances and requirements.

Step 3

Application Support

Our expert Account Director guide you through the application process, ensuring it’s straightforward and stress-free.

Step 4

Loan Approval

Once you choose the best loan option, we handle all communication and documentation. Your Account Director will keep you updated until you receive your funds.

Why choose Us

At Loan Options, we understand that every small business is unique, regardless of the industry. Our mission is to provide loan options tailored to your specific needs. Our team of Account Directors brings over 30 years of diverse industry experience, driving our success with their knowledge and passion. Here’s why you should choose us:

Industry Expertise: With extensive experience across various industries, we have the knowledge and expertise to support your business, no matter your field.
Personalised Service: We offer a personalised approach, ensuring that you receive the best loan options suited to your business requirements.
Fast and Efficient Process: Our streamlined application process is designed to be quick and hassle-free, so you can focus on what matters most – running your business.
Dedicated Support: Our team of expert Account Directors is here to guide you through every step of the loan process, providing support and advice whenever you need it.

Frequently Asked Questions

What is the Growth Guarantee Scheme?
The Growth Guarantee Scheme (GGS) is a government-backed initiative designed to support small and medium-sized enterprises (SMEs) in accessing finance solutions that allow them to invest and grow. As a loan broker, Loan Options connects clients with accredited lending partners who offer a range of products under the GGS, including term loans, overdrafts, asset finance, invoice finance, and asset-based lending.
How does the Growth Guarantee Scheme work?
The GGS provides a Government guarantee of up to 70% on loans provided by participating lenders, making it easier for businesses to secure financing. Loan Options assists clients by working with lending partners to find the best finance options under the scheme, ensuring businesses can access the funds they need with favourable terms.
Can I get equipment financing through the Growth Guarantee Scheme?
Yes, equipment financing is one of the options available under the GGS. Loan Options connects clients with lending partners who offer equipment financing solutions, helping businesses acquire essential equipment without large upfront costs
What are the benefits of the Growth Guarantee Scheme for small businesses in the UK?
The GGS helps small businesses in the UK access essential funding for growth, with benefits such as more favourable terms due to the Government guarantee. Loan Options helps small businesses navigate the application process and connect with lending partners who offer tailored finance solutions.
How do I apply for the Growth Guarantee Scheme?
To apply for the GGS, you need to provide details about your business, including financial information. Loan Options simplifies this process by offering a user-friendly platform where clients can easily apply and receive guidance throughout the application process, connecting them with suitable lending partners.
What types of financing are available under the Growth Guarantee Scheme?
The GGS supports a wide range of financing options, including term loans, overdrafts, asset finance, invoice finance, and asset-based lending. Loan Options helps clients determine which type of financing best suits their needs and connects them with lending partners who offer these products.