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Growth Guarantee Scheme for Infrastructure Software Providers
The Growth Guarantee Scheme for Infrastructure Software Providers is a plan designed to help software companies that build important tech systems grow steadily and confidently, with support that reduces the risks of expanding their business. If you're looking to boost your infrastructure software company, this scheme could be a great opportunity to explore.
- 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 Infrastructure Software Providers?
The Growth Guarantee Scheme for Infrastructure Software Providers is designed to foster innovation and development within the infrastructure software sector. By providing financial support and assurance, this scheme helps companies mitigate risks associated with introducing new technologies. It not only encourages the growth of software providers but also enhances the overall quality of infrastructure solutions available in the market, leading to improved services for end users.
Encourages innovation
Supports software growth
Boosts quality standards
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What are the different types of Growth Guarantee Scheme for Infrastructure Software Providers?
Revenue Assurance Guarantee
Guarantees a minimum revenue for software providers partnering on infrastructure projects.
Performance-Based Guarantee
Provides financial support if software does not meet agreed-upon performance benchmarks.
Market Access Guarantee
Ensures providers access to specific markets or customer segments through government or partner initiatives.
What is the Growth Guarantee Scheme for Infrastructure Software Providers?
Government-Backed Loan Guarantee
The scheme provides a 70% government guarantee on eligible loans for infrastructure software providers. This means that if a company cannot repay the loan, the government covers most of the lender’s risk, making it easier for software providers to access finance.
Wide Eligibility and Flexible Funding Options
The scheme is open to UK-based businesses with a turnover up to £45 million and provides loans from £1,000 to £2 million. It supports various types of finance, such as term loans, overdrafts, asset finance, and invoice finance, to cater to different business needs.
Supports Business Growth and Innovation
The scheme allows funds to be used for any legitimate business purpose—such as managing cash flow, investing in new technology, or purchasing assets—helping infrastructure software providers grow, innovate, and expand their market reach.
FAQ’S
Is the Growth Guarantee Scheme open to Infrastructure Software Providers?
What loans can Infrastructure Software Providers access under the Growth Guarantee Scheme?
Are Infrastructure Software Providers subject to special criteria in the Growth Guarantee Scheme?
Can start-up Infrastructure Software Providers apply for the Growth Guarantee Scheme?
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