FINANCE OPTIONS
Growth Guarantee Scheme for Pubs and Bars - Apply Now
The Growth Guarantee Scheme is a government-backed loan program that helps pubs and bars get funding for big projects like opening new spots or upgrading their space. It’s designed to help these businesses grow and attract more customers. Interested in giving your pub or bar a boost? Reach out to see how it can work for you!
- 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 Pubs and Bars?
The Growth Guarantee Scheme for Pubs and Bars offers financial backing and support aimed at fostering the growth and sustainability of pubs and bars across the industry. By providing a safety net in the form of guarantees, it encourages business owners to invest in their establishments, leading to improved services, renovation projects, and overall economic benefits for the local community. This scheme is crucial for navigating economic challenges and ensuring the longevity of these essential social venues.
Financial support
Encourages business growth
Risk mitigation
SCALE YOUR BUSINESS TO NEW HEIGHTS
200+
Providers
Providers
What are the different types of Growth Guarantee Scheme for Pubs and Bars?
Loan Guarantees
Government-backed guarantees for loans to pubs and bars to support growth.
Interest Rate Reductions
Schemes offering lower interest rates to reduce financial burden for businesses.
Flexible Repayment Terms
Repayment schedules tailored to pub and bar cash flow cycles.
What is the Growth Guarantee Scheme for Pubs and Bars?
Government-Backed Loan Guarantees
The Growth Guarantee Scheme provides pubs and bars with access to loans that are backed by up to a 70% government guarantee. This support helps lenders offer finance for projects like refurbishments, expansions, or working capital, making it easier for businesses in the hospitality sector to secure funding.
Flexible Loan Amounts and Terms
Pubs and bars can apply for loans ranging from £10,000 to £2 million, with repayment periods from 3 months to 6 years. The funds can be used for various purposes, such as opening new locations, renovating, or buying equipment, and the terms can be tailored to match the cash flow cycles of hospitality businesses.
Accessible and Competitive Finance
The scheme is open to UK businesses with annual turnover below £45 million. Loans are available from accredited lenders at competitive rates, and most applications require a personal guarantee (but not your main home as security). The process involves standard credit checks, and expert advice is available to help businesses choose the best financing option.
FAQ’S
Is the Growth Guarantee Scheme available for pubs and bars?
What funding amount can pubs and bars apply for under the Growth Guarantee Scheme?
Are there sector-specific restrictions for pubs and bars in the Growth Guarantee Scheme?
What are the key eligibility criteria for pubs and bars under the scheme?
DIVE DEEPER
We Like To Keep Things Simple
Match with
150+
Lenders
Loans from
£1000
to
£500K
to
£500K
zero hidden fees
