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British Business Bank’s Growth Guarantee Scheme lends over £250m to small businesses - The Intermediary - Latest UK mortgage news

Summary by theintermediary.co.uk
The British Business Bank’s Growth Guarantee Scheme has supported over £250m in finance for smaller businesses (SMEs) in just four months since its launch in July 2024. This scheme, which followed the Recovery Loan Scheme, aims to enhance access to finance for small businesses looking to expand. The initiative works with various lenders and financial products, including term loans, overdrafts, asset finance, invoice finance, and asset-based lend…
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