EFFR and EFG: Difference between pages
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imported>Doug Williamson (Layout.) |
imported>John Grout (To create the entry) |
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The | The UK government's Enterprise Finance Guarantee. | ||
The loan guarantee scheme guarantees the lender for up to 75% of advances under a loan to or invoice financing arrangement for smaller businesses. The advance remains an obligation of the borrower to the lender. The purpose of the scheme is to facilitate lending to viable businesses that have been turned down for a normal commercial loan due to a lack of security or a proven track record. | |||
==External link== | ==External link== | ||
* https://www.gov.uk/understanding-the-enterprise-finance-guarantee | |||
Revision as of 10:43, 18 August 2014
UK
The UK government's Enterprise Finance Guarantee.
The loan guarantee scheme guarantees the lender for up to 75% of advances under a loan to or invoice financing arrangement for smaller businesses. The advance remains an obligation of the borrower to the lender. The purpose of the scheme is to facilitate lending to viable businesses that have been turned down for a normal commercial loan due to a lack of security or a proven track record.
