Growth Street Review

Growth Street provides secured lending facilities to UK businesses to help them with short term cash flow demands. Businesses borrowing through their ‘GrowthLine’ product pay a representative APR of 11% whilst lenders hope to earn 6.4% AER. Growth Street also offers to help businesses through its cash flow management and forecasting tool ‘Business Insights’. For me, Growth Street’s lending product is not quite as easy to get your head around as other platforms. They describe it as ‘a combination of a revolving credit facility (also called an overdraft alternative) and invoice financing’. From a lender’s perspective, loan terms are all 30 days and protected by a provision fund. Read more “Growth Street Review” →