The Growth Guarantee Scheme (GGS) launched on 1 July 2024. The facility supports access to finance and improves the terms on offer for UK businesses as they look to invest and grow.
The Recovery Loan Scheme (RLS) launched on 6 April 2021 and was designed to support access to finance for UK businesses as they recovered and grew following the Covid-19 pandemic. On 1 July 2024 it was replaced by the Growth Guarantee Scheme.