Growth Street

We realized that great businesses are struggling to access the working capital £they need from traditional lenders like major banks and building societies. At Growth Street we offer business loans to UK based businesses.

Our mission is to give small and medium-sized enterprises the tools and financial backing they need to grow. We are a diverse team ready to assist you. Be Curious, Be in Sync and Beat Expectations are our core values.

Unlock cash

For many UK businesses, cash flow problems are the main reason for worries. The key to operating a successful, sustainable business is the management of cash. But it is not always such an easy task.

Growth line was designed to address this problem. We offer a revolving credit facility that allows your business to unlock cash tied up in your stock and unpaid invoices. Businesses of all shapes and sizes across all industries have working capital tied up in assets.

Grow your business

You will have access to a line of credit that works much the same as an overdraft. Once you receive your credit limit, you can withdraw funds and make repayments as often as you like every month.

Fuel for a growing business is to deliver on your plans for growth. This is why you need a good cash flow and access to funds to grow your business. We assist small and medium-sized enterprises.

We offer our borrowers access to a limit between £25k and £1 million. We use the assets of your business to work out exactly how much credit we can offer you.

The rates at which we can lend against those assets will then be agreed upon. Once we establish the value of a customer’s assets, and we’ve agreed on the rates, we will be closer to understanding what Growthline limit we will be able to offer.

Which businesses are eligible

• You need to be a registered business based in the United Kingdom
• The majority of business directors and shareholders need to be UK residents
• The business needs to be trading for at least 15 months.
• We adhere to strict moral standards and there are some sectors we do not borrow to, including but not limited to political parties, adult entertainment, military weaponry, and crowdfunding. The full list of businesses we do not support is available on our website.

The application process

The first step when applying for a loan is to complete the online loan application. This allows us to get to know you and your business better. We will need all the basic information of your business, names, contact details as well as your profit and revenue for the past 12 months.

To review your business financial history, you will need to upload your last full filed company accounts as well as bank statements and 15 months of management accounts. Using the information, you provided, we will make a credit decision on your application. This will include the limit of the loan we can offer as well as the interest rate.