Growth Guarantee Scheme introduced

Compass Business Finance has been accredited to deliver funding supported by the Growth Guarantee Scheme (GGS), via the British Business Bank, thus creating further access to finance that will help smaller UK businesses invest and grow. Launched as a successor to the Recovery Loan Scheme, an important new development is the addition of asset-based lending and invoice finance to the range of supported facilities. The GGS is a government-backed loan scheme that enables lenders to provide finance where they may not otherwise have done so, or to extend better-than-standard terms on business financing options.

More information www.compassbusinessfinance.co.uk