FINANCE OPTIONS
Growth Guarantee Scheme for Pet Retailers - Apply Now
Growth Guarantee Scheme for Pet Retailers is a program designed to help pet stores grow their business steadily by providing support and protections that ensure consistent progress. It's like having a safety net that encourages you to expand confidently while taking care of your customers and pets. Interested in learning more? Let's explore how this can boost your pet retail business!
- 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 Pet Retailers?
The Growth Guarantee Scheme for Pet Retailers is designed to support pet businesses by minimizing financial risks associated with growth investments. This initiative provides assurance to retailers, encouraging them to expand their offerings, increase inventory, and invest in marketing without the constant fear of loss. By participating in this scheme, retailers can pursue growth strategies that ultimately enhance their competitiveness and improve service delivery, benefiting both the business and pet owners.
Increased sales
Risk management
Customer loyalty
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What are the different types of Growth Guarantee Scheme for Pet Retailers?
Sales Performance Guarantee
Guarantees minimum sales outcomes for retailers on specific pet products.
Product Replacement Guarantee
Ensures unsold or expired products are replaced at no cost to the retailer.
Promotional Support Guarantee
Provides marketing and promotional support to boost product growth in stores.
What is the Growth Guarantee Scheme for Pet Retailers?
Financing Support for Pet Retailers
The Growth Guarantee Scheme helps pet retailers by providing easier access to business loans and financial products, such as term loans and asset finance, with up to £2 million in finance supported by a government-backed guarantee.
Government-Backed Security
This scheme offers a 70% government guarantee to lenders, which means it’s less risky for banks and lenders to offer funding to pet retailers, making it easier for small businesses to secure the capital they need to grow.
Flexible Access and Multiple Lender Options
Pet retailers can apply to around 50 accredited lenders, and if their initial application is unsuccessful, they can approach other lenders, ensuring multiple opportunities to find suitable financial support under the scheme.
FAQ’S
What is the Growth Guarantee Scheme for pet retailers?
Are pet retailers eligible for the Growth Guarantee Scheme?
What finance options are available to pet retailers under the Growth Guarantee Scheme?
How do pet retailers apply for the Growth Guarantee Scheme?
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