Growth Guarantee Scheme
The Growth Guarantee Scheme is a government-backed scheme designed to support access to finance for UK businesses as they look to invest and grow.
Key facts
- Funding amount
- Up to £2 million
- Deadline
- Rolling – no fixed deadline
- Region
- UK-wide
- Business type
- Small businesses & SMEs
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Plain English summary
The Growth Guarantee Scheme is a government-backed initiative providing financial support to UK businesses for investment and growth. It offers various finance options, including term loans, overdrafts, and asset finance, for businesses with a turnover up to £45 million. The scheme aims to help viable businesses that are not in difficulty to secure funding.
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Who this is best for
- Small businesses & SMEs
- Organisations based in UK-wide
- Projects aligned with business grants
- Teams seeking funding around Up to £2 million
Who should not apply
- Individuals applying in a personal capacity (unless explicitly permitted)
- Large enterprises above SME thresholds
- Applicants who cannot meet the official eligibility criteria below
Eligibility checklist
Tick what applies to your organisation before applying.
- Available to UK businesses with a turnover not exceeding £45 million, generating over 50% of turnover from trading activity.
- Businesses must be viable and not in difficulty or relevant insolvency proceedings.
Official source
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