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Growth Guarantee Scheme for Game Development Companies: Get
The Growth Guarantee Scheme helps game development companies by making it easier to get loans with better terms from UK lenders, backed by a government guarantee. If you're a UK-based game developer with a solid business plan and turnover under £45 million, this scheme can support your growth by offering more affordable finance options. Interested in growing your game company? Explore this scheme and see how it can help you get the funding you need!
- Fastest and easiest application process
- Dedicated support
- Loan disbursed within 24 hours
- No additional charges for early repayment
What are the benefits of Growth Guarantee Scheme for Game Development Companies?
The Growth Guarantee Scheme for Game Development Companies is designed to provide critical financial support and stability for video game developers. By offering a safety net, this scheme helps companies navigate the uncertain landscape of game production, encouraging innovation and creativity. It mitigates risks associated with game development, thereby fostering a thriving gaming industry and enabling developers to take on ambitious projects that might have otherwise been deemed too risky.
Financial support
Risk mitigation
Market expansion
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What are the different types of Growth Guarantee Scheme for Game Development Companies?
Loan Guarantee Scheme
Government-backed guarantees for loans to game development companies.
Revenue-Based Financing Guarantee
Guarantees for investments repaid through a share of future revenues.
Export Credit Guarantee
Guarantees to support game studios in exporting and international market entry.
What is the Growth Guarantee Scheme for Game Development Companies?
Government-Backed Loan Guarantee
The Growth Guarantee Scheme provides a government-backed guarantee on loans to eligible businesses, including game development companies, helping them access financing from lenders who might otherwise view the sector as too risky. This guarantee covers up to 70% of the lender's potential losses, though the borrower remains responsible for the full amount.
Support for Business Growth and Development
Game development companies can qualify for the scheme if they are UK-based, have been trading for at least two years, and have a turnover below £45 million. The scheme offers various types of finance, including term loans, asset finance, and overdrafts, with amounts up to £2 million and flexible terms.
Support for Business Growth and Development
The scheme aims to help businesses invest and grow by providing access to capital for product development, hiring, or equipment purchases. While not exclusive to the game industry, eligible game studios can use these funds to scale up operations or bring new titles to market.
Real Scenarios
Construction Company Needing Fast Working Capital
Situation
A construction firm had a short-term cash gap before a large invoice was paid and needed £85,000 to cover materials and payroll.
Challenge
Traditional bank applications were too slow; they needed a decision and funds within days.
Outcome
Funding Agent matched them with a lender; they received a working capital facility and bridged the gap until the invoice was paid.
Ecommerce Business Preparing for Peak Season
Situation
An online retailer needed around £120,000 to stock up ahead of Black Friday and the Christmas rush.
Challenge
They wanted flexible terms and a quick turnaround so stock could be ordered in time.
Outcome
Through Funding Agent they secured a facility, placed orders in time and managed peak demand without cash flow stress.
Marketing Agency Using Invoice Finance
Situation
A marketing agency had strong clients and reliable invoices but often waited 60–90 days for payment.
Challenge
They needed to unlock cash tied up in unpaid invoices to pay staff and take on new projects.
Outcome
Funding Agent connected them with an invoice finance provider; they now access funds against approved invoices and smooth out cash flow.
Property Developer Using Bridging Finance
Situation
A developer needed short-term finance to complete a purchase before selling an existing property.
Challenge
They required a fast decision and flexible terms to align with the sale timeline.
Outcome
Funding Agent matched them with a bridging lender; they completed the purchase and repaid the facility when the sale completed.
FAQ’S
Is the Growth Guarantee Scheme available to game development companies?
Are there sector-specific terms for game development in the Growth Guarantee Scheme?
What is the maximum loan amount under the Growth Guarantee Scheme for game development companies?
Does the Growth Guarantee Scheme require security from game development companies?
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