Government Backed Business Loans

Get up to £2m government backed loans tailored to your needs in a fast and simple process.

Applying won’t affect your credit score
Their ability to deal with finance in such a quick and easy way made our growth possible.
Roozbeh
Posh Designs, Birmingham
In a world of overcomplicated business finance, Love kept it simple and effective.
Elsewhere
London
Thanks to Love Finance, we've been able to grow our customer base and book more events.
Leoni
Amber Hue
Government-Backed Finance

What is the Growth Guarantee Scheme?

The Growth Guarantee Scheme (GGS) is the successor to the Recovery Loan Scheme. It helps UK SMEs access finance to invest and grow. Under GGS, the lender benefits from a 70% government‑backed guarantee on the outstanding balance after its normal recovery process. You remain 100% liable for the debt. Pricing, security, and approvals are decided by lenders using standard credit and fraud checks.

  • Enquire in 60 secs
  • Rates start from 6.9% from our lending panel
  • UK‑based account managers
  • Enquiry won’t affect your credit score
  • Flexible Repayment Options
How It Works

Simple 4-Step Application

01

Enquire in 60 secs

A quick soft check—no impact on your credit score.

02

Check eligibility in 2 mins

Tell us about your business; upload docs only if needed.

03

Get a decision fast

Personalised quote in as little as 1 hour.

04

Get funded

Funds typically arrive within 24–48 hours once you accept.

  • Enquire in 60 secs, apply in minutes
  • Decision in as little as 1 hour
  • Funds typically within 24–48 hours
  • Fixed interest rates; overpay or settle early options
  • UK‑based account managers
  • Enquiry won’t affect your credit score

What is the Growth Guarantee Scheme?

The Growth Guarantee Scheme (GGS) is the successor to the Recovery Loan Scheme. It helps UK SMEs access finance to invest and grow. Under GGS, the lender benefits from a 70% government‑backed guarantee on the outstanding balance after its normal recovery process. You remain 100% liable for the debt. Pricing, security, and approvals are decided by lenders using standard credit and fraud checks.

Why Choose Love Finance?

We compare 50+ funders to find your best option
Fast, digital journey with a simple dashboard for docs and status
Friendly support that keeps things simple (no boring bank vibes)
Unsecured loans
Flexible terms from 3 months - 6 years

How much would you like to borrow?

£
£70,000

A bit More Info

How much can you borrow?

Limits
Up to £2M available per business group based in Great Britain (excluding Northern Ireland).
Typical Range
Borrow from £10k–£750k on our panel & own-book lending, interest rates vary dependent on the government scheme you’re eligible for — press Apply to find out more.
Minimum
You can borrow from £25,000 upwards with our government-backed business term loans.

Eligibility checker

You’re probably a good fit if:

  • Turnover is £30m or less
  • You’re a limited company
  • Trading in the UK for 2+ years
  • Loan is for working capital or investment
Get a free quote
Love your finances again

Flexible Government Backed Business Loans

Working Capital Loans

Boost daily operations and smooth cash flow with flexible repayment options.

Flexible Government-backed business loans

Access funding without providing physical security or assets.

Short term loans

Quick financing for time-sensitive opportunities or urgent expenses.

Growth Loans

Invest in new staff, equipment, or expansion with competitive fixed-rate loans.

This is how we can help

What can you use the funds for

Use loans to solve immediate problems or fund growth with fast, simple and focused outcomes.

Working capital

Payroll, supplier bills, VAT, seasonal gaps

Business expansion

Hire staff, marketing, new location

Inventory

Stock, materials, urgent orders

Equipment & software upgrades

Machinery, tools, training

Your Protection

Security & Guarantees

Security is handled responsibly, and your home is always protected.

At Lender Discretion

Security and personal guarantees are decided case-by-case.

No Home Security

Your home is protected — a guarantor’s personal residence cannot be used as security under the GGS.

Personal Guarantees Vary

Personal guarantee requirements differ — some lenders need them for all loans, others only for higher amounts.

Why Love Finance?

We’ve helped thousands of businesses grow, and the proof is in the numbers below. Simple, honest, and a little less boring than the usual finance stuff.

5/5

Rating on Trustpilot

£300m +

Lent to businesses like yours

#1

Rated SME lender*

7000 +

Businesses funded

*Based on Trustpilot's Best in Non-bank financial service.

FAQ

Your questions answered

What is the Government Guaranteed Scheme?

The Government Guaranteed Scheme (GGS) helps UK SMEs access affordable loans backed by a partial government guarantee to encourage lending.

How much can I borrow?

Eligible businesses can access up to £750k depending on turnover, affordability, and credit profile.

How fast can I get the funds?

Once approved, funds are typically released within 24-48 hours.

Will applying affect my credit score?

Checking eligibility does not affect your credit score. A soft search is used until you choose to proceed.

 What are the interest rates?

Rates start from 6.9% from our lending panel and depend on the lender, amount, and term.

How to enquire about a business loan with Love Finance

Enquire online in 60 seconds

60 second enquiry. 6 Questions. Instant decision. Just like that. Click below to start your enquiry.

Approved & funded in 24 hrs

One small request, please? If you could prepare your paperwork, we'll all be in the best position to get you funded ASAP!

Borrow from 3 mo to 6 yrs

Terms work case-by-case, and we'll do our best to find you the loan that fits you like your favourite comfy tee.

You are 5 minutes away from making it happen

  • Credit score not affected
  • Quick and easy application process
  • Unsecured loans up to £750,000