FINANCE OPTIONS
Growth Guarantee Scheme for Telecommunications BusinessesGo
The Growth Guarantee Scheme is a UK government-backed loan program that helps small telecommunications businesses get access to loans so they can invest and grow. It offers loans up to £2 million with a 70% guarantee to lenders, making it easier and safer for businesses to borrow. If you're looking to expand your business, 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 Telecommunications Businesses?
The Growth Guarantee Scheme for Telecommunications Businesses is designed to support the expansion and sustainability of telecom companies. This scheme provides financial backing and risk-sharing mechanisms that encourage investment and innovation within the sector. By reducing the risks associated with growth and expansion, the scheme helps smaller telecommunication businesses thrive, ultimately improving services and infrastructure for consumers.
Business growth support
Risk mitigation
Financial stability
SCALE YOUR BUSINESS TO NEW HEIGHTS
200+
Providers
Providers
What are the different types of Growth Guarantee Scheme for Telecommunications Businesses?
Loan Guarantee Scheme
A program where the government guarantees bank loans to telecom businesses, reducing lender risk.
Equity Guarantee Scheme
A scheme where the government guarantees returns or partial protection on equity investments in telecom startups.
Export Credit Guarantee Scheme
A scheme supporting telecom businesses exporting services or products by guaranteeing international trade credits.
What is the Growth Guarantee Scheme for Telecommunications Businesses?
Government Loan Guarantee for Telecom Growth
The Growth Guarantee Scheme helps telecommunications businesses access loans by having the government guarantee up to 70% of a lender’s risk, making it easier for telecom companies to get funding for growth, cashflow, or investment needs.
Flexible Funding Uses and Terms
Telecommunications businesses can use these loans for a wide range of purposes like hiring staff, buying equipment, expanding operations, and other investments, with flexible terms lasting up to 6 years.
Eligibility and Application Process
To qualify, telecom businesses must be UK-based, show growth potential, and have a solid business plan. Applications go through accredited lenders, who check eligibility and business health before approval.
FAQ’S
Is the Growth Guarantee Scheme available to telecommunications businesses?
How much can a telecommunications business borrow under the Growth Guarantee Scheme?
What can telecommunications businesses use Growth Guarantee Scheme funds for?
Can past recipients of Recovery Loan Scheme apply for the Growth Guarantee Scheme in telecommunications?
DIVE DEEPER
We Like To Keep Things Simple
Match with
150+
Lenders
Loans from
£1000
to
£500K
to
£500K
zero hidden fees
