No, businesses assessed as non-viable or in relevant insolvency proceedings are not eligible.

Yes, at the discretion of the lender and subject to GGS eligibility criteria. For early-stage businesses within three years of trading, alternative funding, such as start up loans, may be more suitable.

Exporters are eligible, provided funds are not used for activities like running overseas advertising campaigns, manufacturing for exclusive overseas markets, establishing offices abroad, or setting up foreign distribution networks. Businesses must self-certify compliance.

Yes, GGS is open to eligible businesses regardless of whether they have an existing relationship with the lender.

Yes, but total borrowing across the group is subject to a maximum limit, considering prior loans under the scheme. Eligibility and cumulative borrowing caps apply.

Yes, subject to meeting GGS criteria. However, lenders will consider total debt exposure and repayment history when assessing affordability for additional funding.

Yes, provided other GGS eligibility criteria are met, including caps on cumulative aid for Northern Ireland applicants.

No, businesses are not required to self-declare any impact from Covid-19.

No, banks, insurers, public-sector bodies, and state-funded primary and secondary schools are excluded.

Sole traders, corporations, partnerships, co-operatives, and other legal entities generating over 50% of turnover from UK trading activity qualify, subject to other criteria.

GGS facilities are offered by accredited lenders, subject to their discretion.

GGS supports term loans, overdrafts, asset finance, and invoice finance. Minimum facility sizes range from £1,000 for asset finance to £25,001 for term loans.

The maximum per business group is £2 million or lower limits for Northern Ireland-based businesses in specific sectors.

Lenders may require personal guarantees for facilities, but personal residences cannot be used as security.

Up to six years for term loans and asset finance, and up to three years for overdrafts and invoice finance.

Yes, refinancing is allowed where total financing needs exceed minimum facility sizes, subject to eligibility.

Funds can be used for any legitimate business purpose, including cashflow management, investment, or growth initiatives.

Fees and interest vary depending on the lender and facility. Lenders must pass on the benefit of the guarantee to borrowers.