Growth Guarantee Scheme: key points for your business

The Government has added £500m to the Growth Guarantee Scheme (GGS) to help smaller businesses manage cashflow pressures caused by global tariff changes. The scheme supports access to finance so businesses can stabilise and continue to grow.

What the scheme offers

• Funding for any legitimate business purpose — including cashflow, working capital, or investment.
• A 70% government guarantee to lenders (you remain 100% liable).
• Available through accredited lenders offering term loans, overdrafts, asset finance, invoice finance, and asset‑based lending.

How much you can borrow

• Up to £2m per business group (most UK businesses).
• Up to £1m for businesses under the Northern Ireland Protocol.
• Lower limits apply to agriculture and fisheries.
• Minimum facility sizes: £1,000 for asset‑based products, £25,001 for loans/overdrafts.

Who can apply

You may be eligible if your business:

• Has turnover up to £45m
• Trades in the UK and earns most income from trading
• Has a viable business proposition
• Is not in difficulty or insolvency
• Can confirm it remains within subsidy limits

Previous CBILS, CLBILS, BBLS, or RLS borrowing does not prevent access, though it may reduce the maximum available.

Green investment option

A pilot Green GGS is running to support businesses investing in sustainable assets.

If you have any questions regarding the article above, please contact Michaela Johns on 023 8046 1256 or email Michaela Johns.