Growth guarantee scheme
Review the current government-backed successor scheme.
Key details to help you understand this finance option at a glance.
A straightforward, supportive process from initial discussion to completion.
We take time to understand your business, your goals and your finance requirements.
We assess your requirements and explore suitable finance options from available lenders.
We support you through the application process and liaise with the lender as required.
Once the finance is approved and completed, you can move forward with your business plans.
Straightforward support to help you explore suitable business finance options for your circumstances.
We help you explore finance options based on your business requirements and circumstances.
We take time to understand your business, objectives and funding requirements before exploring suitable options.
Finance requirements vary from business to business, so we focus on options relevant to your individual circumstances.
We explain the available options and process clearly, helping you make an informed decision.
We support you through the application process and liaise with the finance provider where required.
Whether you are investing, replacing equipment or managing cash flow, we focus on finance options aligned with your business objectives.
No. The third iteration of RLS stopped accepting new applications after 30 June 2024.
The Growth Guarantee Scheme launched on 1 July 2024 as the successor programme.
No. Businesses seeking government-backed finance should instead review the current Growth Guarantee Scheme.
Existing borrowers remain subject to the terms of their individual finance agreements. The closure of the scheme to new applications does not itself cancel existing facilities.
Explore other finance options that may also be relevant to your business requirements.
Speak with Somerset Financial about your requirements and explore finance options that may be suitable for your business.