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Growth Guarantee Scheme for Packaging Wholesalers - Apply
The Growth Guarantee Scheme for Packaging Wholesalers is a plan that helps packaging businesses grow by promising certain benefits or support when they meet specific growth targets. It's designed to make expanding your packaging business smoother and more secure. Interested in learning how this can boost your business? Let’s chat!
- 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 Packaging Wholesalers?
The Growth Guarantee Scheme for Packaging Wholesalers is designed to provide financial security and support for wholesalers in the packaging industry, ensuring they can adapt to market changes and invest in sustainable practices. This scheme helps to stabilize the market by reducing the risks associated with fluctuations in demand, ultimately fostering a more innovative and resilient packaging sector.
Financial security
Market stability
Encourages innovation
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What are the different types of Growth Guarantee Scheme for Packaging Wholesalers?
Loan Guarantee Scheme
Government guarantees a portion of loans for wholesalers to secure funding.
Equity Support Scheme
Government invests directly or via funds to support wholesaler growth.
Grant Assistance Scheme
Direct grants provided to packaging wholesalers for expansion or innovation.
What is the Growth Guarantee Scheme for Packaging Wholesalers?
Government-Backed Loan Support
The Growth Guarantee Scheme helps packaging wholesalers access loans by guaranteeing 70% of the loan value for lenders, making it easier for businesses to receive funding even if they lack strong collateral or a long financial history.
Flexible Funding Options for Growth
Eligible wholesalers can use the scheme to secure different types of finance—such as term loans, overdrafts, asset finance, or invoice finance—for a wide range of needs, including cash flow management, purchasing new equipment, or expanding operations.
Improved Lending Terms and Broad Eligibility
The scheme is open to UK-based businesses (including packaging wholesalers) with up to £45 million turnover and offers improved loan terms, competitive rates, and longer repayment periods, helping more businesses qualify for funding needed to grow.
FAQ’S
Is the Growth Guarantee Scheme available to packaging wholesalers?
What finance products under the Growth Guarantee Scheme can packaging wholesalers access?
How much can packaging wholesalers borrow with the Growth Guarantee Scheme?
Are there any specific restrictions for packaging wholesalers under the Growth Guarantee Scheme?
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