Best Growth Guarantee Scheme Lenders / Guides / How to apply for the Growth Guarantee Scheme

Guide · reviewed 11 November 2026

How to apply for the Growth Guarantee Scheme

Answer in brief

You apply through an accredited lender, not the British Business Bank. Pick a lender that offers the product you need under the scheme, apply as normal, and the lender decides whether to offer the facility under the Growth Guarantee Scheme. A broker or matching service like Tally can help you find the right lender.

Step by step

  1. Work out how much you need, what for and which product fits.
  2. Find an accredited lender that offers that product under the scheme.
  3. Apply with your accounts, bank statements and a short explanation of the purpose.
  4. The lender assesses you and decides whether to use the scheme.
  5. If approved, you'll see a scheme declaration and the facility terms.

Documents to have ready

  • Latest filed accounts and management accounts
  • 3 to 6 months of business bank statements
  • Details of existing borrowing
  • Forecasts for larger or growth-focused facilities
  • Information about other public support you've received, for subsidy checks

Questions and answers

Can I ask a lender to use the scheme?

You can ask, but the lender decides. Not every facility a lender offers will be under the scheme.

Check your Growth Guarantee Scheme options →

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