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Q: Is the Growth Guarantee Scheme available to all sectors?

No, banks, insurers, public-sector bodies, and state-funded schools are not eligible. Most sectors qualify except for some restrictions.

Q: What are the sector-specific borrowing limits for Northern Ireland under GGS?

Primary agriculture: up to £110,000; fisheries/aquaculture: up to £170,000; other sectors: up to £1m.

Q: Are there sector-specific restrictions outside Northern Ireland in GGS?

Most UK sectors are eligible, but certain entities (e.g. banks, insurers) are always excluded regardless of location.

Q: Can primary agriculture, aquaculture, or fisheries access the Growth Guarantee Scheme?

Yes, but borrowing caps are lower: £110,000 for agriculture, £170,000 for fisheries/aquaculture in Northern Ireland.

Growth Guarantee Scheme is a program designed to ensure steady and reliable growth for businesses or investments by providing assurances or support. It helps you feel confident your efforts will pay off over time. Interested in learning how it could work for you?

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What are the ^benefits of Growth Guarantee Scheme?

The Growth Guarantee Scheme is designed to support emerging businesses by providing a safety net that mitigates financial risks. This initiative encourages investors to fund these businesses, knowing they have some protection against potential losses. Additionally, the scheme fosters a conducive environment for business growth and innovation by ensuring that start-ups have access to necessary resources without the fear of immediate financial failure.

Risk mitigation

Encourages investment

Promotes business growth

SCALE YOUR BUSINESS TO NEW HEIGHTS

What are the different types of Growth Guarantee Scheme?

Loan Guarantee Scheme

Provides government-backed guarantees on loans to encourage lending to businesses.

Loan Guarantee Scheme

Under a Loan Guarantee Scheme, the government assures lenders that a portion of the loan amount will be repaid if the borrower defaults, reducing lender risk and enabling easier access to finance for SMEs and growing businesses.

Equity Guarantee Scheme

Offers guarantees on investments in business equity to stimulate private capital investment.

Equity Guarantee Scheme

The Equity Guarantee Scheme provides guarantees on equity investments made in businesses, encouraging investors to fund high-growth companies by sharing the risk of potential losses with the government.

Export Guarantee Scheme

Supports businesses expanding internationally by guaranteeing loans or payments related to exports.

Export Guarantee Scheme

Export Guarantee Schemes help businesses grow overseas by providing guarantees on export-related loans or transactions, protecting against non-payment or risks linked to international trade, and boosting exporter confidence.

What is the Growth Guarantee Scheme?

Government-Backed Guarantee to Encourage Lending

The Growth Guarantee Scheme provides lenders with a 70% government-backed guarantee on eligible loans, making it less risky for banks to lend to businesses. However, the business is still responsible for repaying the full loan amount.

Flexible Loan Terms and Broad Eligibility

Businesses can access loans of £25,001 to £2 million (£1 million in Northern Ireland) for a variety of purposes, such as investment, cashflow or growth. Loans can be repaid over 3 months to 6 years, and the scheme supports many finance types like term loans, overdrafts, and asset finance.

Supports UK Business Growth and Investment

The scheme is designed to help established UK businesses that have been trading for at least 2 years, particularly small and medium enterprises, to invest, grow, and manage financial challenges.