British Business Bank launches Growth Guarantee Scheme, replacing Recovery Loan Scheme, to support smaller UK businesses until March 2026.
The British Business Bank has launched its Growth Guarantee Scheme, replacing the Recovery Loan Scheme, to support smaller UK businesses investing and growing. The scheme, which runs till March 2026, aims to support around 11,000 firms and provides a range of finance options including term loans, overdrafts, asset finance, invoice finance, and asset-based lending. 41 lenders have been accredited, with 20 accepting applications.
July 08, 2024
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