Lender review · Growth term loan + asset-based + recovery finance
Growth Lending
- Reviewed May 2026
- Editor Oliver Mackman
- Companies House 12395628
- Methodology Public
Rebrand of BOOST&Co (founded 2014, rebranded under Growth Lending in 2022) covering growth term loans, asset-based lending and recovery finance for scale-up and mid-market SMEs. Multi-product platform serving the £1m+ ticket band. Broker and advisor channels dominate distribution.
Director, BestBusinessLoans
Oliver leads BestBusinessLoans's editorial reviews and methodology. With a background in UK commercial finance, he oversees lender research, rate verification and review independence.
Last reviewed: 8 May 2026
At a glance
- Product
- Growth term loan + asset-based + recovery finance
- Ticket size
- £1m to £25m
- Typical rate
- Bespoke
- Decision time
- 4 to 8 weeks
- Soft search at quote
- No
- Limited companies only
- Yes
- FCA regulated
- Yes (check the FCA Register)
- Companies House
- 12395628
- Founded
- 2014
Scores against our methodology
- Rate transparency3/5
- Eligibility clarity3/5
- Decision speed2/5
- Decline handling4/5
How Growth Lending works
Growth Lending operates as a growth term loan + asset-based + recovery finance provider in the UK SMB market. Rebrand of BOOST&Co (founded 2014, rebranded under Growth Lending in 2022) covering growth term loans, asset-based lending and recovery finance for scale-up and mid-market SMEs. Multi-product platform serving the £1m+ ticket band. Broker and advisor channels dominate distribution.
The product mechanic is straightforward in shape but the underwriting is sector-specific. Tickets sit in the £1m to £25m band, decisions land within 4 to 8 weeks, and the published rate range is Bespoke. A hard search may apply at quote stage; ask before you submit if credit-file footprint matters to you. Growth Lending is FCA regulated.
Where Growth Lending fits best: scale-up ltd companies, mid-market growth or acquisition, £2m to £15m tickets. Where it does not fit: sub-£1m tickets, self-serve cases, sole traders.
Pricing examples
Worked examples using Growth Lending's published rate range (Bespoke). This lender prices by factor rate or bespoke quote, so we show the structure, not a worked APR.
| Ticket | Term | Estimated total cost | Approx monthly |
|---|---|---|---|
| £25,000 | 24 months | See lender quote | See lender quote |
| £50,000 | 36 months | See lender quote | See lender quote |
| £100,000 | 48 months | See lender quote | See lender quote |
Indicative only. Confirm on a Growth Lending quote.
Eligibility
- Trading time: typically 12 to 24 months minimum for the cleanest pricing.
- Turnover floor: not always published. As a working figure, expect a £100k+ turnover requirement for term loans of £50k+. Smaller tickets and MCA structures have lower floors.
- Sector exclusions: Sub-£1m tickets; Self-serve cases.
- Credit profile: Clean credit preferred; older satisfied items often acceptable.
- Company structure: Limited companies only.
- Best fit: Scale-up Ltd companies; Mid-market growth or acquisition; £2m to £15m tickets.
Pros
- + Three complementary product lines under one platform.
- + Established team across growth-finance, ABL and recovery.
- + Comfortable with venture-debt-style covenants on scale-ups.
Cons
- − Multi-week underwriting cycle.
- − Below £1m not the sweet spot.
- − Pricing not headlined; case-led.
Best for
- · Scale-up Ltd companies
- · Mid-market growth or acquisition
- · £2m to £15m tickets
Weak at
- · Sub-£1m tickets
- · Self-serve cases
- · Sole traders
When to use Growth Lending
Use Growth Lending when
Your application matches the best-fit profile: scale-up ltd companies, mid-market growth or acquisition, £2m to £15m tickets. The published ticket range (£1m to £25m) covers your ask, the decision speed (4 to 8 weeks) fits your cash-gap timeline, and the rate range (Bespoke) is acceptable to you given your credit profile.
Do not use Growth Lending when
Your profile sits in the weak-at list: sub-£1m tickets, self-serve cases, sole traders. Growth Lending will likely decline, and the decline itself can sit on broker records for 90 days. If you have any of these flags, route directly to a specialist (post-decline lender, MCA against card flow, asset-backed alternative) rather than using Growth Lending as a screen.
FAQs
What is the minimum trading time for Growth Lending?
Growth Lending typically asks for 12 to 24 months of trading. Newer businesses can sometimes qualify against alternative underwriting (card flow for MCA, asset security for asset finance), but the cleanest pricing tends to require two full sets of accounts.
Does Growth Lending require a personal guarantee?
Most UK SMB lenders require a personal guarantee from at least one director. Growth Lending is no exception in the standard case. The few exceptions: asset-backed lending where the asset itself stands as security, and a small number of MCA structures where card flow is the underwriting basis. For growth term loan + asset-based + recovery finance specifically, expect a PG to be requested.
How fast does Growth Lending fund?
Growth Lending quotes 4 to 8 weeks for an underwriting decision. Funding to bank account typically follows within one to three working days of acceptance, subject to KYC, signed documents, and (where applicable) registration of any debenture or charge.
What rate should I expect from Growth Lending?
Growth Lending's published range is Bespoke. The headline number is rarely the offered number. Rate transparency on this lender scores 3/5 in our methodology. Expect the cleaner end of the band only if you have 2+ years of trading, clean credit, and turnover comfortably above the lender's stated floor.
What happens if Growth Lending declines me?
If Growth Lending declines, you have three realistic next steps. First, ask for the decline reason in writing, most reputable UK lenders will tell you. Second, route the application to a specialist post-decline lender (Bizcap, JPM Capital, Bolton Finance) where credit issues are the constraint, or to an asset-backed alternative where security is available. Third, use a broker panel to fan the application across the lenders most likely to accept your specific decline reason. Growth Lending scores 4/5 on decline handling in our methodology.
Where to apply
Apply directly via www.growthlending.com, or use our free quote form to be matched across the UK broker panel most likely to approve your specific profile, not just Growth Lending.
Specialty alternatives
See all lender reviews for alternatives.
Reviewed by Oliver Mackman, Director. Last reviewed: 8 May 2026. Lender website: www.growthlending.com.