Source · Select Committees · Treasury Committee
Recommendation 18
18
Consult on making the Growth Guarantee Scheme permanent to provide foundational SME finance support.
Conclusion
HM Treasury and the BBB should consult on the merits of making the Growth Guarantee Scheme permanent, in order to provide a foundational support programme, which can be scaled up appropriately in a crisis. This would build long term security in the accessibility of finance for the SME population and provide a greater level of certainty. (Paragraph 96) Personal guarantees
Government Response
A response document is linked to this report, dated 12 December 2024. Response attribution to this conclusion has not been verified. Read the response document ↗