The Enterprise Finance Guarantee Scheme

Facilitates business finance to smaller businesses that are viable but unable to obtain finance from their lender due to having insufficient security to meet the lender’s normal requirements. In this situation, EFG provides the lender with a government-backed 75% guarantee against the outstanding facility balance, potentially enabling a ‘no’ credit decision from a lender to become a ‘yes’. http://british-business-bank.co.uk/ourpartners/supporting-business-loans-enterprise-finance-guarantee/  

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Topical Articles

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