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Shepherd Partnership

Growth Guarantee Scheme




The Growth Guarantee Scheme is the successor to the Recovery Loan Scheme.


It is designed to support access to finance for UK smaller businesses as they look to invest and grow. The Growth Guarantee Scheme launched with accredited lenders on 1 July 2024, with a wide range of products supported by different lenders, including term loans, overdrafts, asset finance, invoice finance and asset-based lending.


The Growth Guarantee Scheme can generally support facility sizes of up to £2m and provides the lender with a 70% government-backed guarantee.


Find more information about the scheme, here, on the British Business Bank website

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