A typical borrower on Growth Street is a profitable SME with a growing working capital need. Many Growth Street borrowers are wholesalers, professional services, and manufacturing firms: these companies commonly face challenges in negotiating payment terms with their suppliers, and a GrowthLine from Growth Street helps them manage their cash flow sustainably. To view a thorough breakdown of statistics on Growth Street’s borrowing customers, click here.
We only lend to limited companies registered and trading in the UK that have a majority of directors and shareholders in the UK. Each borrower must adhere to criteria set out in our credit policy. For example, they must be able to show a trading history of at least 15 months and/or (in cases where we are lending against specific invoices) they must have verifiable invoices we can take security against. Any proposed exceptions to the credit policy must be analysed and agreed upon by our Credit Committee.
Your capital is at risk when you invest through Growth Street. Our investment products are not protected by the Financial Services Compensation Scheme. Read about our Loan Loss Provision here.