FINANCE OPTIONS
Growth Guarantee Scheme for Printing and Packaging Businesses
The Growth Guarantee Scheme (GGS) is a government-backed loan program that helps printing and packaging businesses in the UK get the funds they need to grow. It offers loans up to £2 million with a 70% government guarantee to lenders, making it easier for businesses to invest in things like new equipment or working capital. If you're in the printing or packaging industry and want to boost your business with confidence, this scheme could be a great option 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 Printing and Packaging Businesses?
The Growth Guarantee Scheme for Printing and Packaging Businesses provides financial assistance and risk coverage to enhance the growth and sustainability of firms in this sector. This initiative encourages innovation and investment, allowing businesses to expand their capabilities and improve competitiveness in a rapidly evolving market.
Financial support
Risk mitigation
Market expansion
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What are the different types of Growth Guarantee Scheme for Printing and Packaging Businesses?
Loan Guarantees
Government-backed assurances to lenders for loans to printing and packaging businesses.
Investment Grants
Direct financial support for equipment upgrades, expansion, or technology adoption.
Business Advisory Support
Expert guidance and training to help businesses grow and access scheme benefits.
What is the Growth Guarantee Scheme for Printing and Packaging Businesses?
Government-Backed Loan Guarantees
The Growth Guarantee Scheme offers loans to printing and packaging businesses with a 70% government-backed guarantee for lenders. This means the government covers most of the risk, making it easier for businesses to get loans for growth or cash flow.
Support for Investment and Expansion
Businesses in the printing and packaging sector can use funds for various purposes, such as buying new equipment, upgrading technology, managing inventory, or refinancing debt. The scheme supports loans of up to £2 million, helping companies invest in their future.
Flexible Finance and Advisory Support
The scheme provides flexible options like term loans, asset finance, and invoice finance, usually with quick decisions and competitive terms. Many providers also offer business advice to help companies choose the best finance options and succeed in using scheme benefits.
FAQ’S
Is the Growth Guarantee Scheme available to printing and packaging businesses?
What funding can printing and packaging firms access under the Growth Guarantee Scheme?
What can the Growth Guarantee Scheme funds be used for in the print and packaging sector?
What is the maximum term for loans available to printing and packaging businesses under this scheme?
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