FactorTech welcomes the SME finance measures announced by HM Treasury on 13 July 2026, including the planned expansion of the Growth Guarantee Scheme and the allocation of £500 million of ENABLE Guarantee capacity to support lending to businesses rich in intellectual property.

Access to suitable finance matters for businesses developing new products, building valuable IP and creating jobs across the UK. Their funding needs do not always fit conventional lending models, particularly during long development cycles or while awaiting tax credits and grant payments.

We provide tailored working capital supported by receivables and corporate assets, alongside access to industry knowledge and networks.

Our work with a robotics scaleup illustrates the need for flexibility. By combining financing against commercial revenues with loans against R&D tax credit claims, we structured support around different sources of repayment as the business developed.

Recognising intellectual property in the wider lending market is a welcome direction. Supporting innovative companies across the country can help them retain expertise, continue developing products and build sustainable businesses.

We welcome efforts to widen the funding options available to ambitious SMEs and scaleups.

Read HM Treasury’s announcement.

Contact FactorTech to discuss your business’s funding needs.