GGS lending in this sector
The British Business Bank's performance data as at 30 June 2026, which combines GGS with the third Recovery Loan Scheme, shows £259.86 million drawn across 1,579 facilities in accommodation and food service activities. That is an average of about £164,573 a facility, out of £3,963.87 million and 22,947 facilities across all sectors.
In Scotland, the British Business Bank's 2 June 2026 release shows accommodation and food service activities with 106 loans worth £16.9 million.
In the UK-wide data, business term loans were £2,917.17 million across 15,920 facilities and asset finance £914.50 million across 6,477. Invoice finance was £115.47 million across 525 facilities and revolving credit (overdrafts) £16.73 million across 25.
Which product
Most GGS lending is term loans and asset finance, so a refurbishment or kitchen equipment is the typical fit. Overdrafts and invoice finance are available from some lenders, but make up a small share of the lending.
Work out a term loan with the GGS loan calculator.
For a working capital facility, try the GGS overdraft calculator.
Seasonal cash flow
If cash flow varies by season, check whether you can afford the repayments year-round. Debt service coverage compares your cash flow with the payments.
Test it with the GGS loan affordability calculator.
QUESTIONS
Growth Guarantee Scheme for hospitality businesses: questions
Is hospitality eligible?
Yes, subject to the usual criteria, including turnover up to £45 million and over 50% of turnover from trading.
Do I need to be an existing customer?
No. You do not need to be an existing customer of the lender.