The Enterprise Finance Guarantee (EFG) is designed to help businesses with insufficient security to raise finance by guaranteeing 75% of the loan. It’s a great way to inject working capital into an existing enterprise, quickly and competitively. By raising the finance against your invoices through Recruitment Factoring or Recruitment Invoice Discounting, we improve your cashflow at the same time.
the benefits of the Enterprise Finance Guarantee include:
- Borrow from £25,000 to £1 million
- 75% of the EFG loan is guaranteed by the Government
- Venture loans are delivered around Recruitment Factoring or Recruitment Invoice Discounting, improving
- your cashflow at the same time
- Few restrictions on loan use
- Minimal paperwork - Venture handles all the details of the scheme to simplify the process for you
- Repayment terms range from 3 months to 5 years
- Fast access to finance - we can provide funds in days rather than weeks
- Retain control - Ulitise your assets to maximise finance as an alternative to equity finance.
If you would like to know more about the Enterprise Finance Guarantee, call our experienced team to discuss your business finance needs on 0800 077 8547.
