Growth Street

Growth Street receives full FCA authorisation

Growth Street has been granted full authorisation by the FCA.

The alternative finance provider had been operating as an appointed representative of Resolution Compliance Limited since 2016.

Since its launch in 2015, Growth Street has matched over £150m of investors’ funds with SMEs.

Greg Carter, CEO at Growth Street (pictured above), said: “We’re delighted to be fully authorised and regulated by the FCA.

“It’s a great vote of confidence in our security and transparency as a business.

“We have long advocated for more transparency and better regulation in this industry, so the more companies being directly approved by the FCA in this largely unregulated space, the better.”

Growth Street has also updated its Growthline business lending product and is now accepting applications from businesses looking to borrow up to £2m, up from the previous limit of £1m.

Greg added: “That we’re able to double our previous maximum limit is a great endorsement of the calibre of businesses we have been speaking to in recent weeks and months.”

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