Att Pynta
FURNITURE BRAND
LONDON
"They were really responsive, it was great to have someone I could just call with questions."
Growth Guarantee Scheme (GGS)
We’re no longer offering loans under the Growth Guarantee Scheme, but you may be eligible for GGS asset finance through our lending partners.
Apply online in 7 minutes
Decision in as little as 1 hour
Fixed interest rates
No fees to settle early
UK-based Account Managers
Funding Circle has worked with the British Business Bank since 2013, supporting thousands of businesses as one of the largest providers of Government-backed loans including through the Growth Guarantee Scheme.
If you’re looking to finance an asset, you could be eligible for GGS through one of our lending partners
While we are no longer offering the Government-backed Growth Guarantee Scheme (GGS), if you are looking to finance an asset you may be eligible to apply for GGS asset finance through one of our lending partners. Simply complete the online application form, and one of our advisors will be in touch to guide you through the best options for your business.
If you’re after working capital, our Funding Circle business loans are designed for businesses like yours – so you can take your next step with ease.
Whether you want to expand, buy new equipment, or manage cash flow, you can borrow up to £750,000 for almost any business purpose. Simply apply online in minutes and you’ll get a quote with no impact to your credit score, so you can decide if it’s right for you risk-free.
Am I eligible for the Growth Guarantee Scheme?
To be eligible for GGS businesses must:
- Have an annual turnover of less than £45M
- Be based in the UK
- Provide confirmation that a GGS facility will not exceed the maximum subsidy they are entitled to receive
- Not be in difficulty
- Not be a bank, building society, insurer, reinsurer, public sector body or state-funded primary or secondary school
We’ve helped over 110,000 UK businesses borrow £14.6 billion to take their business further.
£14.6 billion
Lent to UK businesses
Applying is quick and easy
1
Check if you qualify in 30 seconds
See if you’re eligible without affecting your credit score
2
Apply online in 7 minutes
Complete our simple form with your details, and we’ll only ask for supporting documents if we need them
3
Get approved in as little as 1 hour
If approved, you’ll receive no-obligation offer with your personalised rate
4
Get your funds in a couple of days
Once you accept your offer we'll deposit the money into your account - typically within 48 hours
Here to help if you need us
Contact our UK-based team if you have any questions
Frequently asked questions
With interest rates starting from 6.9% per year, a Funding Circle small business loan can be much more affordable than a business overdraft or a business credit card. You can also take an unsecured loan without putting down property or assets as a security, and there’s no fee if you want to pay off your loan early in one go.
Terms are available from 6 months to 6 years. There’s also no fees for full early repayment, so you can settle early at no extra cost.
If you’re approved for a Funding Circle business loan, a personal guarantee will be required.
Yes, you’re able to settle your loan early at any time and there are no fees for full early repayment.
You’ll get a decision on your small business loan in as little as 1 hour.
About the Growth Guarantee Scheme
The successor scheme to the Recovery Loan Scheme, the GGS launched in July 2024 and is designed to support access to finance for UK small businesses as they look to invest and grow. The Growth Guarantee Scheme aims to improve the terms on offer to borrowers. All providers of Growth Guarantee Scheme loans are required to undertake standard credit and fraud checks for all applicants.
Legal notice
The Growth Guarantee Scheme is managed by the British Business Bank on behalf of, and with the financial backing of, the Secretary of State for Business & Trade. British Business Bank plc is a development bank wholly owned by HM Government. It is not authorised or regulated by the PRA or the FCA. Visit the BBB website for more information.