{"id":3956,"date":"2024-07-16T16:40:23","date_gmt":"2024-07-16T15:40:23","guid":{"rendered":"https:\/\/www.devon.gov.uk\/fundingnews-new\/?post_type=tb_fund&#038;p=3956"},"modified":"2024-07-16T16:40:23","modified_gmt":"2024-07-16T15:40:23","slug":"growth-guarantee-scheme","status":"publish","type":"tb_fund","link":"https:\/\/www.devon.gov.uk\/fundingnews\/fund\/growth-guarantee-scheme\/","title":{"rendered":"Growth Guarantee Scheme"},"content":{"rendered":"<p>The British Business Bank has launched the Growth Guarantee Scheme (GGS) to support access to finance for UK smaller businesses as they look to invest and grow.<\/p>\n<p>It includes a wide range of products supported by different lenders, including term loans, overdrafts, asset finance, invoice finance and asset-based lending. Businesses can use the finance for any legitimate business purpose \u2013 including managing cashflow and investment.<\/p>\n<p>The Growth Guarantee Scheme can generally support facility sizes of up to \u00a32m and provides the lender with a 70% government-backed guarantee. The aim is that the guarantee to the lender enables them to improve the terms on offer to borrowers: the borrower always remains 100% liable for the debt.<\/p>\n<p>You can use the filter on the website to see which accredited lenders are offering finance in the South West region or throughout the UK as part of the GGS.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The British Business Bank has launched the Growth Guarantee Scheme (GGS) to support access to finance for UK smaller businesses as they look to invest and grow. It includes a wide range of products supported by different lenders, including term loans, overdrafts, asset finance, invoice finance and asset-based lending. Businesses can use the finance for [&hellip;]<\/p>\n","protected":false},"template":"","meta":{"_acf_changed":false,"_links_to":"","_links_to_target":""},"fund\/category":[8],"class_list":["post-3956","tb_fund","type-tb_fund","status-publish","hentry","tb_fund_cat-business-economy"],"acf":[],"publishpress_future_action":{"enabled":false,"date":"2026-05-06 02:08:28","action":"change-status","newStatus":"draft","terms":[],"taxonomy":"tb_fund_cat","extraData":[]},"publishpress_future_workflow_manual_trigger":{"enabledWorkflows":[]},"_links":{"self":[{"href":"https:\/\/www.devon.gov.uk\/fundingnews\/wp-json\/wp\/v2\/fund\/3956","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.devon.gov.uk\/fundingnews\/wp-json\/wp\/v2\/fund"}],"about":[{"href":"https:\/\/www.devon.gov.uk\/fundingnews\/wp-json\/wp\/v2\/types\/tb_fund"}],"version-history":[{"count":1,"href":"https:\/\/www.devon.gov.uk\/fundingnews\/wp-json\/wp\/v2\/fund\/3956\/revisions"}],"predecessor-version":[{"id":3957,"href":"https:\/\/www.devon.gov.uk\/fundingnews\/wp-json\/wp\/v2\/fund\/3956\/revisions\/3957"}],"wp:attachment":[{"href":"https:\/\/www.devon.gov.uk\/fundingnews\/wp-json\/wp\/v2\/media?parent=3956"}],"wp:term":[{"taxonomy":"tb_fund_cat","embeddable":true,"href":"https:\/\/www.devon.gov.uk\/fundingnews\/wp-json\/wp\/v2\/fund\/category?post=3956"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}