Growth Lending’s
FAQs
General enquiries
Whether you are the leader of a growing business, an introducer in search of a lender, or an investor meeting us for the first time, our strong track record at lending to fast-growth SMEs is what sets us apart.
Because we are a specialist, we consider every investment on a deal-by-deal basis, with decisions made by humans rather than machines. This flexible, people-first approach enables us to be agile and responsive, creating truly tailored lending solutions that fit specific needs of a business.
When it comes to funding growing businesses, we consider ourselves to be the trusted partner of the most ambitious firms.
But Growth Lending is about so much more than that – you can read more about the people that make our business so unique, as well as the story of how we got here, on the About Us page.
Questions about our products
Growth Lending is in the US too! Use the button in the top right corner of our website to visit our US page, or use this link to contact a member of our US lending team.
Any invoice we fund must be fully unencumbered. We regularly take security but are happy to rank behind other charge-holders or lenders, as long as we have priority over the receivables we are funding.
A term loan is a type of growth capital that is designed to accelerate the growth of a business. It is usually structured in the form of a loan that is repaid over a set “term” – hence the name.
Growth Lending term loans range from £2m to £10m and can be drawn down in tranches throughout the term of the loan – usually three to five years. This makes term loans a flexible option that can be used for a variety of growth initiatives including M&A, investment in R&D, expansion and refinancing.
This type of capital is non-dilutive and is ideal for companies with ambitious targets for growth (whether organic or acquisitive) and can be used to support firms operating in a variety of sectors.
The term “growth loan” covers a wide variety of financial instruments that are used to support a business’ growth.
There are many types of growth loans, but at Growth Lending, we structure these in the form of a term loan because the debt is drawn down and repaid over a set term (usually three to five years).
You can find more information about the different types of growth loans here.
A term loan can be used for a variety of things, but a Growth Lending term loan focuses on supporting strategies for accelerating growth.
Popular reasons to borrow include:
- M&A
- Investment in R&D
- Growing sales and marketing functions
- Fulfilling a new contract
- National or international expansion
- Refinancing an existing loan
To secure a term loan from Growth Lending you must have a proven business model with revenues of more than £3m. Your business must be registered in the UK, have a trading history of more than 12 months and operate a B2B business model.
Our term loans are most suitable for businesses that are growing quickly and while most sectors will be considered, we have a strong track record of working with technology, media and telecommunications (TMT) businesses, as well as those in the healthcare / health tech and professional services sectors.
Profitability is not essential, but you should be able to demonstrate how your business will get there.
Usually, a personal guarantee is not required for a term loan from Growth Lending. Instead, we secure our term loans via a debenture, enabling your business to access capital without providing collateral or diluting equity.
Acquisition finance refers to the funding used by a company or individual to purchase and acquire another business.
It covers a wide variety of funding types, including bank loans, equity investment and debt, all which can be used to facilitate the purchase of another business.
Acquisition finance from Growth Lending is usually provided in the form of a term loan that can be used for both M&A and other growth strategies.
You can read everything you need to know about acquisition finance here.
There are a variety of reasons that M&A might form a part of a business’ growth strategy.
Acquiring another business enables you to expand your company’s reach geographically and demographically, as well as streamline operations and increase your economies of scale. You can also strengthen your own position too, by purchasing a competitor or their assets.
You can read more about the benefits of M&A here.
As with all Growth Lending products, we focus on flexibility and tailoring our solution to a business’ individual needs.
This means that rather than having to apply for separate acquisition-specific finance, you can encompass acquisitions into your broader growth strategy, securing a single sum to fuel your growth, whether that be via M&A, R&D investment, expanding your team or other.
Enquire now
Ready to accelerate growth? Let’s see how we can support you.
Access more cash, at an earlier stage than what is offered by non-specialist lenders
Facilities that are never off-the-shelf – we tailor our facilities to your individual needs
Flexible use of funds, including development and working capital
