Growth Guarantee Scheme | Government-Backed Loans

Growth Guarantee Scheme.

Growth Guarantee Scheme | Government-Backed Loans
96% approval rate
Growth Guarantee Scheme | Government-Backed Loans
2 hours approval time
Growth Guarantee Scheme | Government-Backed Loans
£150m raised to date
Growth Guarantee Scheme | Government-Backed Loans
5,149+ customers supported

Government-Backed Loans

Allow your cash to flow with fast flexible funds.

With the government supporting over 1.5 million UK businesses during and after the pandemic, a new, more prosperous government-backed loan scheme has emerged. SME’s are at the heart of the new governments agenda.

Small and medium sized businesses can now secure business loans and asset finance up to £2 million with the added government backed guarantee.

Is the Growth Guarantee Scheme right for you?

Here’s why lots of business choose GGS:

Added security

A 70% government-backed lender guarantee makes it more accessible

Personal assurance

Your Principal Private Residence cannot be taken as security

Grow the way you need

£10k to £2mil to cover the business costs or kickstart a new project


Flexible timescales

Terms up to 6 years.

Competitive rates

Added security means competitive rates are available to more businesses

Widely available

Previous applicants of CBILS, Bounceback, or RLS are eligible to apply and any SME with a turnover of up to £45m.


See why other businesses choose to spread the cost of their corporation tax bill

“We chose Johnson Reed as they came highly recommended – and what a choice it was! From start to finish they gave all the help and advice you don’t receive from the banks and with the banking system relying on a computer to make a decision, it’s sometimes hard to get finance. Johnson Reed try and get to know your circumstances on a personal level and help from there.”

Mr M A Jordan, Director of Merchants Fish Bar

Get a quote

Use our finance calculator to get an idea of how much you might be able to borrow and what the repayments would be.

£
Please enter an amount between £5,000 and £250,000
£5,000 £250,000
years
Must be between 2-5 years
2 years 3 years 4 years 5 years

£188.30


£43.45

More often than not, we can beat this quote above. For a personalised quote reach out to our team of experts.

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