Growth finance

Name: Growth Finance
Brand: Allica Bank
Rating: 4.5 (824 reviews)

Flexible finance tailored to your business

Secure up to £10 million with growth finance from Allica to help your business reach its goals. For established UK-based companies with turnover of at least £5 million. Speak to our expert growth finance team today.

Enquire now

Dedicated relationship manager

Borrow £1 million to £10 million

Borrow against a mix of assets

Use as revolving credit or term loan

Made to measure

Business growth comes in many forms – that's why growth finance from Allica is designed to be straightforward and flexible. From improving business cashflow to enabling acquisitions or large investment projects, our facilities are tailored to suit specific business needs.

Because all our growth finance customers have a dedicated relationship manager, we take time to understand the working capital requirements and growth aspirations of your business. We can then tailor the finance to help your business achieve its goals.

GROWTH FINANCE

Minimum loan

£1 million

Maximum loan

£10 million

Term

3-5 years

Able to support

Business growth

Available for: UK-registered limited companies, typically with two years of full financial accounts.

Your business must be based in England, Scotland or Wales and trade on a business-to-business basis.

Product guide

How we helped KCM Waste Management

A flexible growth finance facility to fund expansion.

South Yorkshire's KCM Waste Management has grown quickly in their 30 years, now employing over 120 people.

The family-owned business was looking to refinance its existing lending to drive its further expansion, but their existing bank wasn't interested. Allica Bank stepped in with a flexible growth finance facility tailored to support its ambitions.

Read the story

What can growth finance be used for?

From a term loan to a revolving credit facility, Allica Bank's growth finance facilities can be used in a variety of ways by small and medium-sized businesses to achieve growth.

Enquire now

Expansion

Invest in growth opportunities, such as new product lines, machinery or locations

Management buy-out/buy-in

To help secure the future of your business

Refinance

Release capital in existing assets or restructure existing debt

Business acquisition

Fast-track your business growth by taking over another business

Some of our awards

Best business finance provider Winner 2023

Patron Awards - Winner - Business Bank of the Year-2

“Allica Bank were the right lender for my client because they put together a growth finance facility that enabled them to plan for the future at the same time as looking at their strategic opportunities.”

Adam Simpson
Owner, Silkstone Consultants

Meet the team

For enquiries, please email: growthfinance@allica.bank

Ian Flaxman

Head of Growth Finance

Oliver Thompson

Senior Relationship Manager, Growth Finance

Karl Holmes

Senior Sales Manager, Growth Finance

Gemma Pyne

Specialist Transaction Manager, Growth Finance

Jon Bennett

Sales Manager, Growth Finance

Andrew Quinn

Sales Manager, Growth Finance

Max Berglas

Relationship Manager, Growth Finance

Alfie Watts

Transaction Associate, Growth Finance

ABOUT ALLICA BANK

Allica is a bank built especially for established businesses with between 5 and 250 employees.

These businesses make up a third of UK employment and turnover, yet the service they get from the big banks is increasingly impersonal, inconvenient, and poor value. We don’t think that’s right.

Allica Bank is on a mission to give established businesses the no-nonsense banking they deserve. That means a current account with no monthly fees, a relationship manager whose name and number they actually know, and technology that makes life easier, not harder.

It's business banking how it used to be, just better.

Want to find out more?

Speak to one of our team to find out how we might be able to help your business.

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Accessibility

Protecting your information and identity online

Modern Slavery Statement

Allica Bank Limited is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority (FRN: 821851). Registered office: 4th Floor, 164 Bishopsgate, London EC2M 4LX. Registered in England and Wales with company number 07706156.

Allica Bank savings accounts and business current account products are regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Allica Bank lending products are not regulated products.

Asset finance and growth finance services are provided by Allica Financial Services Limited trading as Allica Bank Asset Finance. Registered office: 4th Floor, 164 Bishopsgate, London EC2M 4LX. Incorporated under the laws of England and Wales with company number 12784979. Allica Financial Services Limited is not authorised or regulated by the Prudential Regulation Authority or the Financial Conduct Authority. The asset finance and growth finance products offered by Allica Bank Asset Finance are not regulated products.

Bridging Finance services are provided by Tuscan Capital Limited. Tuscan Capital Limited is not authorised or regulated by the PRA or FCA. Bridging Finance products offered by Tuscan Capital Limited are not regulated products.

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