Skip to content

£2m to £10m

Growth credit

You have a proven business model and are ready to scale

Let’s accelerate your growth trajectory

If you are looking at options to fuel the next stage of your business’ growth journey, growth credit could help you realise your vision.

Structured to give you a flexible use of funds, tranches drawn down throughout the term of the loan and access to capital without diluting equity, growth credit is an attractive alternative to traditional bank loans and equity capital.

Used to invest in R&D, M&A activity, expansion and many other growth initiatives, growth credit is ideal for businesses with ambitious growth targets in a wide variety of sectors.

A great fit if you require:

Flexibility

Invest in a variety of growth initiatives including R&D, expansion, Capex and M&A, with tranching available to suit your needs

Growth headroom

Typically up to 12 months interest-only period, with capital and interest amortising over the remaining term

No loss of control

Covenant-lite funding that doesn’t dilute your equity

Xalient

Sherry Vaswani

Chief Executive

Xalient

“We are an ambitious global company with a strong track record of operating in a buoyant marketplace. The [Growth Lending] team came to understand our business quickly, recognised our potential for growth and saw how additional capital could help us compete for more major contracts, increase capability and support our acquisition strategy. We are delighted to have them as our investment partner.”

OrganOx

Robin Abeyesinhe

Finance Director

OrganOx

“The team moved quickly to gain an understanding of OrganOx’s business model and its funding needs and to tailor an appropriate package for us. The overall speed of response and execution was impressive.”

REalyse

Gavriel Merkado

Founder and CEO

REalyse

“We are thrilled to have secured this latest investment, which will be used to expand our team and, through that, our reach, enabling us to support more and more residential real estate professionals stay ahead in an increasingly-competitive market.”

Accountancy Cloud

Wesley Rashid

Founder and Chief Executive

Accountancy Cloud

“We are pleased to be working with Growth Lending to help fund the expansion of our team and continue to grow on a national scale. Having recently won the 2021 Accounting Excellence Medium Firm of the Year Award, we are looking forward to what the future holds and to building on the success we have seen so far.”

Alien cat with question mark above it's head

Growth credit looks a good fit for my business: What’s next?

The first step towards accelerating your growth is submitting a funding enquiry.

All enquiries submitted to Growth Lending are processed by people, not machines, so you can be certain that a member of our team will work to understand your unique requirements

To help us get things moving quickly, ensure you have key information ready such as your targets, how you plan to achieve them, details of your management team and your most important clients. As a responsible investor, we will also consider how your business aligns to our Environment, Social and Governance (ESG) principles.

Once we have all this information, we’ll be able to assess whether we’re a good fit for your needs and how much we’ll be able to lend. We can then have further discussions with your management team to tailor the loan to your specific needs.

When everyone is happy, we will issue a term sheet, summarising the details of the loan. The deal will then go through our due diligence process and when it has been approved, you will be eligible to draw down the funds and implement your growth plans.

Check your eligibility and get the process started below.

Enquire now

Ready to get growth going? Let’s see how we can support you.

Cheetah

Access more cash, at an earlier stage than what is offered by non-specialist lenders

Octopus

Maintain control with a covenant-lite facility and no equity dilution

Whale

Partner with a high calibre team, experienced at lending to high growth businesses

Tell us a little about yourself…

*Required fields
Name(Required)

Now, a little about your company…

Address(Required)

How much would you like to borrow?

Animated image of a red star Animated image of a purple star Animated image of a yellow star

Growth credit is a type of growth capital that is designed to accelerate the growth of a business. It is usually structured as a line of “credit” that is repaid over a set period of time – hence the name.

Growth credit from Growth Lending ranges from £2m to £10m and can be drawn down in tranches throughout the term of the loan – usually three to five years. This makes growth credit 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.

What is growth credit?
Was this helpful? Speak to an expert

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 as an extension of credit, which is drawn down and repaid over a set term (usually three to five years). For this reason, this type of growth loan can be referred to as both a “term loan” or “growth credit”, referencing the period of time that the loan will be repaid and the nature of the use of funds.

You can find more information about the different types of growth loans here.

Was this helpful? Speak to an expert

Growth credit can be used for a variety of things, but growth credit from Growth Lending 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
Why would a business apply for growth credit?
Was this helpful? Speak to an expert

To secure growth credit from Growth Lending you must have a proven business model with revenues of more than £2m. Your business must be registered in the UK, have a trading history of more than 12 months and operate a B2B business model.

Our growth credit is 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.

What are the eligibility criteria for growth credit?
Was this helpful? Speak to an expert

Usually, a personal guarantee is not required for growth credit from Growth Lending. Instead, we secure growth credit via a debenture, enabling your business to access capital without providing collateral or diluting equity.

Will I need a personal guarantee for growth credit?
Was this helpful? Speak to an expert