Do you provide access to the Government’s Growth Guarantee Scheme for eligible hotels?

Short answer: Yes — we can connect eligible UK hotels to Growth Guarantee Scheme lenders

Best Business Loans is an independent introducer that helps UK hotels explore funding through accredited providers participating in the Government’s Growth Guarantee Scheme (GGS). We don’t supply loans directly; we match your hotel with suitable lenders or brokers who may offer GGS-backed facilities. Eligibility and approval always depend on lender criteria, affordability, and status.

What the Growth Guarantee Scheme is — and why hotels use it

The Growth Guarantee Scheme is a UK Government initiative delivered by the British Business Bank to support access to finance for smaller businesses, including hotels. It provides a 70% government guarantee to the lender on eligible facilities, helping viable businesses obtain funding that might otherwise be harder to secure. The guarantee is for the lender, not the borrower, and you remain 100% liable for the debt.

Eligible products under the scheme generally include term loans, overdrafts, asset finance, and invoice finance. Typical facility ranges are £1,000 to £2 million per business, with product-specific minimums set by the scheme and maximums subject to lender policy and subsidy limits. Precise terms, rates, and fees are set by each lender in line with scheme rules and their risk assessment.

Hotels often use GGS-backed funding to invest in refurbishments, upgrade energy systems, smooth seasonal cash flow, or acquire kitchen, laundry, and housekeeping equipment. The scheme is currently scheduled to run until 31 March 2026 (subject to any government extensions or updates). Always check the latest British Business Bank guidance for current details and participating lenders.

Eligibility for hotels — who may qualify and what lenders assess

To be considered, your business should be a UK-based SME with a group turnover typically up to £45 million, trading in the UK and viable but for the current funding gap. You must not be a business in difficulty as defined by relevant regulations, and you must pass standard credit, fraud, and affordability checks. Sector eligibility for general hospitality is usually permitted under the scheme, but lenders will confirm any constraints.

GGS facilities can sit alongside existing borrowing, subject to lender assessment and maximum subsidy limits. Having had CBILS, RLS, or other government-backed support previously does not automatically exclude you, though it is factored into checks such as the Subsidy Control regime and cumulative support limits. Lenders retain discretion on security and pricing, and they may request personal guarantees in line with scheme rules.

Security can be taken at lender discretion, but your primary residence cannot be taken as security. The government guarantee does not limit the lender’s recourse to you, and the borrower remains fully responsible for the debt. Hotels with credible trading performance, robust forward bookings, and a clear use of funds tend to present stronger applications.

How Best Business Loans helps hotels access GGS funding

Our role is to help you find the right route rather than to lend ourselves. We use data-led matching to introduce hotels to participating lenders or specialist brokers who actively support hospitality through GGS. This saves management time and helps you reach decision-makers familiar with seasonality, OTA dynamics, and RevPAR trends.

Typical steps are straightforward and designed to minimise friction. Complete a Quick Quote, our system analyses your profile, and we introduce you to relevant providers. You then review options, compare terms, and decide which to pursue.

What to expect, step-by-step:

• 1) Quick Quote: Share your hotel’s basics, funding purpose, and amount sought.
• 2) Smart Matching: We identify GGS lenders or brokers active in hospitality.
• 3) Introduction: You engage directly to confirm eligibility and terms.
• 4) Decision in Principle: Often within 24–72 hours once information is provided.
• 5) Underwriting: Full assessment, offer issuance, and acceptance.
• 6) Funding: Timelines vary by product, commonly 3–15 working days after approval.

Typical information lenders may request includes: last two years’ accounts; YTD management accounts; 6–12 months’ bank statements; aged creditors/debtors; capex plan or refurbishment scope; occupancy, ADR, and RevPAR data; debt schedules; director ID and security information. For asset finance, a supplier quote and equipment details will also help.

Important information and fair, clear, not misleading disclosures

Best Business Loans is an independent introducer; we do not offer credit or give regulated advice. Any funding is subject to status, affordability, and lender approval, and we cannot guarantee success or the lowest rate.

The GGS guarantee is to the lender, not the borrower, and you remain fully liable for repayment. Security or personal guarantees may be required, but your primary residence cannot be taken as security under the scheme rules.

Fees, rates, and terms are set by lenders or brokers and will be disclosed before you proceed. Consider obtaining independent financial, legal, and tax advice before committing.

Hotel-focused use cases, benefits, and alternatives we can help you explore

Hotels commonly use GGS-backed term loans to fund renovations, brand standards upgrades, and energy-efficiency improvements. Overdrafts can stabilise seasonal cash flow where occupancy varies throughout the year. Asset finance helps acquire commercial laundry equipment, kitchen appliances, EV chargers, and HVAC systems without heavy upfront costs.

Where GGS is not the most suitable route, we can also introduce non-scheme funding tailored to hospitality. These include fit-out finance, equipment and asset finance, small business loans, and invoice finance where applicable for corporate or event-led receivables. Having multiple options lets you compare structure, speed, and total cost of finance for your specific goals.

If you are exploring wider hotel finance options beyond the scheme, visit our page on hotel business loans and funding for hotels. Our matching process focuses on lenders and brokers who understand ADR, channel mix, group bookings, and the realities of staffing and utility costs in hospitality.

FAQs, key takeaways, and how to start your eligibility check

Do you provide access to GGS for hotels? Yes — we introduce eligible hotels to accredited lenders or specialist brokers who participate in the scheme. We do not lend directly and cannot guarantee eligibility or approval.

What facilities can a hotel get under GGS? Scheme products typically include term loans, overdrafts, asset finance, and invoice finance, subject to lender participation and criteria. Facility sizes usually range from £1,000 to £2 million per business.

Is my hotel still fully liable for the debt? Yes. The 70% government guarantee supports the lender, not the borrower. You remain responsible for all repayments, interest, and fees.

Can my primary residence be used as security? No. Under the scheme, a borrower’s primary residence cannot be taken as security. Lenders may take other security or personal guarantees depending on their policies.

How long does it take to get a decision? Many providers issue a Decision in Principle within 24–72 hours once they have sufficient information. Full approval and funding timelines vary by product and complexity.

Is the scheme still open? At the time of writing, GGS is scheduled to run until 31 March 2026 but is subject to change by the UK Government and British Business Bank. Always check the latest official guidance.

Key takeaways:

• We can introduce eligible UK hotels to GGS-participating lenders for loans, overdrafts, asset finance, and invoice finance.
• Borrower remains 100% liable; the 70% guarantee is to the lender, not the borrower.
• Security and personal guarantees may be required; your primary residence cannot be used as security.
• Facilities commonly range from £1,000 to £2 million, with pricing and terms set by lenders.
• Use cases include refurbishments, energy upgrades, equipment acquisition, and seasonal working capital.

Next step: Complete your Quick Quote for a no-obligation eligibility check and introductions to relevant providers. It’s fast, secure, and designed to help you compare your options with confidence.

Updated: October 2025. Information is general and may change; always verify the latest scheme rules with participating lenders and the British Business Bank.