Growth Guarantee Scheme for Landscaping Businesses - Apply
The Growth Guarantee Scheme for Landscaping Businesses is a UK government-backed initiative designed to provide financial support to landscaping SMEs. This scheme offers Term Loans with favorable terms by partially guaranteeing loans to encourage lenders to support smaller enterprises. Ideal for enhancing cash flow, purchasing necessary equipment, or minor expansions, it fosters significant growth opportunities within the landscaping sector.
- 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 Landscaping Businesses?
With the Growth Guarantee Scheme, businesses benefit Asset Finance through reduced lender risks and potentially lower interest rates, enhancing access to crucial funding. This initiative covers borrowing amounts ranging from £5,000 to £500,000, accompanied by variable interest rates usually between 5-12%. Funds are available promptly, allowing swift business enhancements.
SCALE YOUR BUSINESS TO NEW HEIGHTS
Providers
What are the different types of Growth Guarantee Scheme for Landscaping Businesses?
Overdrafts with Guarantee
Overdrafts are available for UK-based landscaping businesses with a trading history of at least 12 months. Amounts range from £5,000 to £50,000, with revolving credit terms and variable rates.
Term Loans with Guarantee
Available for landscaping companies with a minimum of 2 years of trading history. Loan amounts range from £25,000 to £200,000 over 12 to 60 months, offering fixed or variable rates.
Asset Finance with Guarantee
For SMEs needing specific assets, asset finance provides funding from £10,000 to £500,000 with 12 to 84-month terms.
What is the Growth Guarantee Scheme for Landscaping Businesses?
Application Process
The application process for the Growth Guarantee Scheme involves engaging with participating banks or financial providers. Applicants will need to present detailed business plans and financial statements to ensure a complete application, facilitating quicker approval in a timeframe of 1-4 weeks.
Regulations and Compliance
Participants must comply with FCA guidelines, ensuring all lenders are appropriately authorized. This guarantees a secure framework for accessing government-backed financial schemes, providing reassurance and structured compliance benefits.
Borrowing Capacity and Rates
Businesses can access loans ranging from £5,000 to £500,000 under varying terms. Rates are typically 5-12% and influenced by business health and collateral availability. The government backing enhances competitive rate opportunities.
FAQ’S
DIVE DEEPER
We Like To Keep Things Simple
to
£500K
zero hidden fees
