The Growth Guarantee Scheme (GGS) is the latest government initiative designed to help UK SMEs access the funding they need to grow, invest, and innovate. Backed by the British Business Bank, the GGS supports lenders in offering finance to viable businesses who might otherwise struggle to secure traditional funding.
At Orca Finance, we have access to several lenders offering GGS-backed facilities, including term loans up to 6 years, with fixed rates and no early settlement fees in many cases.
If you’re investing in equipment, hiring new staff, upgrading premises, or supporting cash flow, a GGS-backed loan could be the ideal solution.
Why choose a GGS-backed loan?
- Backed by the British Business Bank
- Competitive fixed interest rates
- Flexible loan terms up to 6 years
- Typically no early repayment penalties
- Helps businesses access funding even without additional security
Example Repayment Options
Here’s a snapshot of what your business might expect to repay with a GGS-backed term loan over 72 months, based on an annual flat interest rate of 8.17%
| Loan Amount | Monthly Repayment | Total Repayable |
|---|---|---|
| £50,000 | £1,000.01 | £72,000.72 |
| £100,000 | £2,000.03 | £144,002.16 |
| £250,000 | £5,000.07 | £360,004.96 |
Figures are indicative only and subject to status and underwriting. Quote based on loans for limited companies, non regulated entities.
- Terms available from 12 to 72 months
- Loans from £25,001 to £2,000,000
- Documentation fee of 0.5% of the loan value
Example uses of the GGS backed term loan
- Purchase of non traditional assets
- Green energy technology
- Working capital
- Growth funding
Interested?
Applying is easy.
Simply call us on 01200 50 40 32 or leave your details here for an immediate call back https://www.orcafin.co.uk/contact/
If you need a GGS loan for your business, stop swimming with the sharks and join the orcas.
𝘖𝘳𝘤𝘢 𝘍𝘪𝘯𝘢𝘯𝘤𝘦 𝘈𝘯𝘥 𝘓𝘦𝘢𝘴𝘪𝘯𝘨 𝘓𝘪𝘮𝘪𝘵𝘦𝘥 𝘪𝘴 𝘢𝘯 𝘪𝘯𝘥𝘦𝘱𝘦𝘯𝘥𝘦𝘯𝘵 𝘧𝘪𝘯𝘢𝘯𝘤𝘦 𝘣𝘳𝘰𝘬𝘦𝘳 𝘯𝘰𝘵 𝘢 𝘭𝘦𝘯𝘥𝘦𝘳, 𝘢𝘴 𝘴𝘶𝘤𝘩 𝘸𝘦 𝘤𝘢𝘯 𝘪𝘯𝘵𝘳𝘰𝘥𝘶𝘤𝘦 𝘺𝘰𝘶 𝘵𝘰 𝘢 𝘸𝘪𝘥𝘦 𝘳𝘢𝘯𝘨𝘦 𝘰𝘧 𝘧𝘪𝘯𝘢𝘯𝘤𝘦 𝘱𝘳𝘰𝘷𝘪𝘥𝘦𝘳𝘴 𝘥𝘦𝘱𝘦𝘯𝘥𝘪𝘯𝘨 𝘰𝘯 𝘺𝘰𝘶𝘳 𝘳𝘦𝘲𝘶𝘪𝘳𝘦𝘮𝘦𝘯𝘵𝘴 𝘢𝘯𝘥 𝘤𝘪𝘳𝘤𝘶𝘮𝘴𝘵𝘢𝘯𝘤𝘦𝘴. 𝘞𝘦 𝘢𝘳𝘦 𝘯𝘰𝘵 𝘪𝘯𝘥𝘦𝘱𝘦𝘯𝘥𝘦𝘯𝘵 𝘧𝘪𝘯𝘢𝘯𝘤𝘪𝘢𝘭 𝘢𝘥𝘷𝘪𝘴𝘰𝘳𝘴 𝘢𝘯𝘥 𝘴𝘰 𝘢𝘳𝘦 𝘶𝘯𝘢𝘣𝘭𝘦 𝘵𝘰 𝘱𝘳𝘰𝘷𝘪𝘥𝘦 𝘺𝘰𝘶 𝘸𝘪𝘵𝘩 𝘪𝘯𝘥𝘦𝘱𝘦𝘯𝘥𝘦𝘯𝘵 𝘧𝘪𝘯𝘢𝘯𝘤𝘪𝘢𝘭 𝘢𝘥𝘷𝘪𝘤𝘦. 𝘖𝘳𝘤𝘢 𝘍𝘪𝘯𝘢𝘯𝘤𝘦 𝘈𝘯𝘥 𝘓𝘦𝘢𝘴𝘪𝘯𝘨 𝘓𝘪𝘮𝘪𝘵𝘦𝘥 𝘸𝘪𝘭𝘭 𝘳𝘦𝘤𝘦𝘪𝘷𝘦 𝘱𝘢𝘺𝘮𝘦𝘯𝘵(𝘴) 𝘪𝘯 𝘵𝘩𝘦 𝘧𝘰𝘳𝘮 𝘰𝘧 𝘤𝘰𝘮𝘮𝘪𝘴𝘴𝘪𝘰𝘯 𝘧𝘳𝘰𝘮 𝘵𝘩𝘦 𝘧𝘪𝘯𝘢𝘯𝘤𝘦 𝘱𝘳𝘰𝘷𝘪𝘥𝘦𝘳 𝘪𝘧 𝘺𝘰𝘶 𝘥𝘦𝘤𝘪𝘥𝘦 𝘵𝘰 𝘦𝘯𝘵𝘦𝘳 𝘪𝘯𝘵𝘰 𝘢𝘯 𝘢𝘨𝘳𝘦𝘦𝘮𝘦𝘯𝘵 𝘸𝘪𝘵𝘩 𝘵𝘩𝘦𝘮, 𝘵𝘩𝘦𝘴𝘦 𝘱𝘢𝘺𝘮𝘦𝘯𝘵𝘴 𝘢𝘳𝘦 𝘧𝘢𝘤𝘵𝘰𝘳𝘦𝘥 𝘪𝘯𝘵𝘰 𝘵𝘩𝘦 𝘪𝘯𝘵𝘦𝘳𝘦𝘴𝘵 𝘳𝘢𝘵𝘦 𝘺𝘰𝘶 𝘱𝘢𝘺. 𝘖𝘳𝘤𝘢 𝘍𝘪𝘯𝘢𝘯𝘤𝘦 𝘈𝘯𝘥 𝘓𝘦𝘢𝘴𝘪𝘯𝘨 𝘓𝘪𝘮𝘪𝘵𝘦𝘥 𝘪𝘴 𝘢𝘯 𝘢𝘱𝘱𝘰𝘪𝘯𝘵𝘦𝘥 𝘳𝘦𝘱𝘳𝘦𝘴𝘦𝘯𝘵𝘢𝘵𝘪𝘷𝘦 𝘰𝘧 𝘈𝘍𝘚 𝘊𝘰𝘮𝘱𝘭𝘪𝘢𝘯𝘤𝘦 𝘓𝘵𝘥 𝘸𝘩𝘪𝘤𝘩 𝘪𝘴 𝘢𝘶𝘵𝘩𝘰𝘳𝘪𝘴𝘦𝘥 𝘢𝘯𝘥 𝘳𝘦𝘨𝘶𝘭𝘢𝘵𝘦𝘥 𝘣𝘺 𝘵𝘩𝘦 𝘍𝘪𝘯𝘢𝘯𝘤𝘪𝘢𝘭 𝘊𝘰𝘯𝘥𝘶𝘤𝘵 𝘈𝘶𝘵𝘩𝘰𝘳𝘪𝘵𝘺 𝘶𝘯𝘥𝘦𝘳 𝘯𝘶𝘮𝘣𝘦𝘳 625035.