GGS

Bea Howison
•2m read

Growth Guarantee Scheme (GGS) Extended

What It Means for UK Businesses and How Johnson Reed Can Help

The Government has confirmed an extension to the Growth Guarantee Scheme (GGS), continuing its support for UK businesses seeking funding for investment and expansion.

If you’re planning to invest in equipment, refinance existing facilities or strengthen cash flow, this extension keeps government-backed funding accessible and we can help you secure it.

What Is the Growth Guarantee Scheme?

The Growth Guarantee Scheme is a government-backed initiative designed to support viable UK businesses that may otherwise struggle to access traditional finance.

Under the scheme:

  • The Government provides lenders with a guarantee (typically 70%)
  • This reduces lender risk
  • Businesses gain improved access to funding
  • Facilities can include term loans, asset finance and invoice finance

It’s designed to unlock funding, not replace commercial lending, and is particularly useful where security is limited or funding appetite is constrained.

The Latest Update: Scheme Extended

The Government has confirmed that the Growth Guarantee Scheme will continue, giving businesses ongoing access to:

  • Investment funding
  • Expansion capital
  • Equipment finance
  • Refinancing options

This is a positive signal for SMEs navigating economic pressure, rising costs and cautious lending conditions.

However, access remains subject to lender criteria and viability checks and funds are not unlimited.

What This Means for Your Business

If your business is:

  • Looking to invest in new equipment
  • Planning expansion
  • Replacing or upgrading assets
  • Managing growth-related cash flow pressure
  • Seeking funding but lacking strong security

The GGS extension could significantly improve your chances of approval.

It can also:

  • Reduce the need for personal guarantees in some cases
  • Support larger funding requests
  • Provide more flexible structuring options

But navigating eligibility and lender appetite requires experience.

That’s where we come in.

How Johnson Reed Helps You Secure GGS Funding

At Johnson Reed, we work directly with accredited lenders offering Growth Guarantee Scheme-backed facilities.

We:

  • Structure funding correctly from the outset
  • Present your case to the right lenders
  • Manage the process from application to completion
  • Keep communication clear and timelines tight

As a specialist business finance broker, we understand both lender criteria and how to position your business for approval.

Our role is simple:
Make the funding process straightforward and maximise your chances of success.

Why Act Now?

While the scheme has been extended, demand remains high.

Early engagement means:

  • More lender options
  • Better structuring flexibility
  • Faster access to capital

If you’re considering investment this year, it’s worth exploring whether GGS-backed funding could support your plans.

Speak to Johnson Reed Today

If you’re planning to invest, expand or refinance, speak to our team about whether the Growth Guarantee Scheme is right for your business.

We’ll assess your requirements and guide you through the process quickly and efficiently.

Call us on 0161 429 6949.
Or start your enquiry online here today

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