Growth Street Reviews

Growth Street specializes in flexible business loans, supporting growth with tailored financing solutions and positive customer reviews highlighting its reliability and service.

Here are the Trustpilot Reviews from Growth Street:

Here are the Reviews from Growth Street:

Happy investor for more than 4 months. Interest rate as advertised paid on monthly basis, appropriately sized Loan Loss Provision funds and simple interface. Haven't tried the ISA bond yet as it requires 12m commitment.

Jakub

Growth Street is very easy to use - in essence - just invest and forget. With each investment only being for 30 days, you never have to wait long if you need to withdraw it. I have actually "drip-fed" my investments so that they are spread out all through the month. Initially to ensure diversification in loans, but i was assured that was unnecessary due to the provision fund. However, it does mean that should I need to make a withdrawal, I only have to wait a few days. By having the automatic re-investment option set, repayments are reinvested, often immediately, but certainly within a day or so, so it can safely be left to its own devices while I get on with my life :-)

Peter Vince

Very pleased with product and service...

Fraser Simpson

I opened a business account with Growth Street some time ago and have found it easier to understand and manage than other peer-to-peer lenders. Indeed, I opened a personal account this year. The process was even easier, and I started earning interest within days.

Michelle

Transferred from a cash I.S.A to the I.F.I.S.A which was simple and straight forward to do. Only been going for three months, however, so far so good. No complaints.

Harbor, Tony

An overall excellent company - 30 day loans, fixed interest, easy access, etc. The ISA is interesting, will go for it if it's offered in 30 day chunks as the classic is, or if another bonus is offered! Obviously as with all P2P, the model is untested in recession/bad times, but I have more faith in this than most. The bonuses are also very generous - I am getting 200 on 2000 investment, so 15+% return after the interest. Customer service is excellent - prompt replies, helpful knowledgeable staff (Jonny and Joanna both excellent, thank you). Interface is ok - easy to understand but lacking functionality. For example the account details link seems to be broken and there are little things, like missized columns in 'summary' leading to odd text, and I can't check my address or linked account easily. Overall the website could do with some attention to detail, but not a major issue. Overall a great company.

George Moore

Explore Growth Street's Finance Solutions:

GrowthLine – Revolving Credit Facility

£25,000 – £2,000,000

Business Term Loan (Unsecured/Secured)

£10,000 – £5,000,000

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Explore Growth Street's Finance Solutions:

Loan Type:

GrowthLine – Revolving Credit Facility

Loan Range:

£25,000 – £2,000,000

Loan Terms:

Ongoing revolving facility with 12-month renewable commitment (minimum draw period 3 months)

Minimum Turnover and Trading Age:

6+ months trading and £100k+ annual turnover

Interest Rate:

0.7% – 1.6% per 30-day period (representative 8.5% – 21% APR)

Fees:

Arrangement fee 0% – 2%; utilisation interest only on funds drawn; no non-utilisation fee; early repayment allowed any time

Loan Type:

Business Term Loan (Unsecured/Secured)

Loan Range:

£10,000 – £5,000,000

Loan Terms:

3 months – 5 years

Minimum Turnover and Trading Age:

12+ months trading; £250k+ annual turnover preferred

Interest Rate:

4% – 15% APR (fixed or variable depending on lender and security)

Fees:

Arrangement fee 1% – 5%; early repayment fee may apply with some lenders

Loan Type:

Asset Finance

Loan Range:

£10,000 – £5,000,000

Loan Terms:

1 – 7 years

Minimum Turnover and Trading Age:

6+ months trading (start-ups accepted with strong guarantor)

Interest Rate:

3% – 10% APR depending on asset type and term

Fees:

Documentation fee £150 – £495; option-to-purchase fee on hire purchase £1 – £150

Loan Type:

Invoice Finance (Factoring & Confidential Invoice Discounting)

Loan Range:

£50,000 – £10,000,000 facility limit (up to 90% of invoice value)

Loan Terms:

Rolling 12-month agreements with 30-day notice after minimum period

Minimum Turnover and Trading Age:

£500k+ annual turnover; 6+ months trading

Interest Rate:

0.2% – 3% of invoice value + base rate margin on funds in use

Fees:

Service fee 0.2% – 2.5%; audit/renewal fees can apply

Loan Type:

Property Finance (Bridging & Development)

Loan Range:

£100,000 – £25,000,000

Loan Terms:

3 – 24 months (bridging) / up to 36 months (development)

Minimum Turnover and Trading Age:

No specific trading requirement; asset-based

Interest Rate:

0.45% – 1.5% per month (rolled or serviced)

Fees:

Arrangement fee 1% – 2%; exit fee 0% – 1%; valuation and legal costs borne by borrower

Loan Type:

Acquisition & Growth Finance

Loan Range:

£250,000 – £10,000,000

Loan Terms:

1 – 7 years

Minimum Turnover and Trading Age:

Typically £1m+ group turnover and profitable trading history

Interest Rate:

5% – 12% APR

Fees:

Arrangement fee 1% – 3%; due-diligence and legal fees apply

More About Growth Street

Growth Street Ltd, based in London and founded in 2013, is an FCA-authorised credit broker that no longer lends its own capital. It specialises in arranging SME finance through a panel of UK lending partners, with particular expertise in revolving credit. This lender may suit growing businesses seeking flexible funding, though start-ups or those unwilling to provide personal guarantees might explore other options. View our Growth Street reviews and business financing options for context.

Key Features of Growth Street Ltd

Growth Street leverages digital technology and a broad lender panel to provide efficiency and multiple funding solutions for SMEs.

A single digital application produces proposals from multiple lenders.
Connectivity to open banking allows instant bank statement analysis.
The online portal offers real-time status tracking and document uploads.
In-house credit analysts assist with structuring guidance.
Multiple product layering is possible under one mandate.

Funding Eligibility Requirements

Eligibility generally requires at least 6 to 12 months of trading and minimum turnover thresholds, depending on the product type. You may qualify if your business is a UK-registered limited company operating outside excluded sectors like gambling or cryptocurrency trading. Check our business finance eligibility guide, business eligibility tools, and Companies House classification rules for details.

Loan Options Available

Growth Street offers a range of SME funding options, arranged through partner lenders. These include revolving credit facilities, term loans, asset finance, invoice finance, property finance, and acquisition finance.

GrowthLine – Revolving Credit Facility: £25,000 to £2,000,000 with 12-month renewable terms. Interest rates range from 0.7% to 1.6% per 30-day period (representative APR 8.5% to 21%). Key points include interest on drawn amounts only and scalability aligned with trading. Personal guarantees and all-assets debentures apply.
Business Term Loan: £10,000 to £5,000,000 for 3 months to 5 years. APR ranges from 4% to 15%. Suitable for growth or capital expenditure. Unsecured lending possible under £250,000. Personal guarantees generally required, with security varying by loan size.
Asset Finance: £10,000 to £5,000,000 with terms between 1 and 7 years. APR varies 3% to 10% depending on asset. Asset acts as primary security. Suitable only for tangible assets with resale value. Usually requires personal guarantees if under £150,000 or for young companies.
Invoice Finance: Facility limits £50,000 to £10,000,000, providing up to 90% of invoice value. Rolling 12-month terms. Interest and service fees apply. Offers quick cash release and credit control support but often requires personal guarantees.
Property Finance (Bridging & Development): £100,000 to £25,000,000 for 3 to 36 months. Monthly rates from 0.45% to 1.5%. Designed for asset-backed needs. Full personal guarantees and first-charge property security required.
Acquisition & Growth Finance: £250,000 to £10,000,000 over 1 to 7 years. Rates typically between 5% and 12% APR. Complex structures with equity contribution and personal guarantees common. Intended for experienced acquirers with profitable trading histories.

How to Apply

The application is digital and supported by phone or virtual consultation. Expect indicators within 24 to 48 hours and funding from 48 hours to a few weeks depending on product complexity.

Submit an online application form.
Provide required documents including accounts, bank statements, and ID.
Growth Street reviews your application with in-house credit analysts.
Complete any signing and security steps with partner lenders.

Funding Agent's view on Growth Street Ltd

Growth Street suits expanding UK SMEs needing flexible and layered funding options, particularly for revolving credit and asset-based finance. Established trading history and willingness to provide personal guarantees are important. Start-ups and firms avoiding guarantees should explore alternatives. Use our loan comparison tool, eligibility checker, or browse other lenders for your needs.