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Growth Guarantee Scheme for Data Centres - Get a Quote
The Growth Guarantee Scheme for Data Centres is a program that helps data centres expand smoothly by ensuring they have the power and resources they need as they grow. It's designed to make scaling up easier and more reliable. If you're involved with data centres, it's worth looking into how this scheme can support your growth plans!
- Quick and easy application process
- Loan disbursed within 24 hours
- No additional charges for early repayment
What are the benefits of Growth Guarantee Scheme for Data Centres?
The Growth Guarantee Scheme for Data Centres provides incentives for companies to establish and expand data centres, ensuring they are financially viable and competitive. This scheme helps attract investments, create jobs, and support technological advancements while promoting sustainability within the industry.
Encourages data centre investment
Boosts local economies
Promotes sustainable practices
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What are the different types of Growth Guarantee Scheme for Data Centres?
Credit Guarantee Schemes
Government-backed schemes that provide financial guarantees to lenders offering loans to data centre projects.
Infrastructure Investment Support
Initiatives that guarantee investments in critical data centre infrastructure, such as power and connectivity.
Revenue/Usage Guarantee Schemes
Schemes that assure a minimum revenue or usage for new data centres to attract investors.
What is the Growth Guarantee Scheme for Data Centres?
Credit Guarantee for Lenders
The Growth Guarantee Scheme provides a 70% government-backed guarantee to lenders offering loans to eligible UK businesses, including those building or expanding data centres. This means if the business cannot repay the loan, most of the lender’s risk is covered by the government.
Supports Investment and Growth
The scheme helps small and medium-sized businesses access loans for any legitimate purpose, such as expanding infrastructure, investing in technology, or managing cash flow. Data centres can use these loans for development, upgrades, or operational growth.
No Direct Revenue or Usage Guarantees
The scheme does not directly assure a minimum revenue or usage for data centres. Instead, it focuses on making it easier for firms to secure finance by reducing the level of risk for lenders, rather than providing income guarantees or specific investment support.
FAQ’S
Are data centres eligible for the Growth Guarantee Scheme?
What funding amount can data centres access under the Growth Guarantee Scheme?
What can data centres use Growth Guarantee Scheme finance for?
Are there sector-specific rules for data centres in the Growth Guarantee Scheme?
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