Enterprise Finance Guarantee Loans
Launched by the government as a result of the economic events of 2008, this scheme is available to many businesses subject to a quickly assessed eligibility criteria.
As a small to medium-sized enterprise, you may have viable business plans that need funding and for which a loan would be appropriate.
However, you may be struggling to access the finance or working capital required because of the additional risks arising from the economic downturn.
The Enterprise Finance Guarantee helps to overcome this by providing lenders with a government guarantee for 75 per cent of lenders' exposure on individual loans. The Guarantee is part of the government's Solutions for Business portfolio and is available to businesses throughout the UK through approved lenders.
We have already had some success stories where clients have been looking for funding for capital expenditure, research & development, expansion and other purposes.