The Enterprise Finance Guarantee (EFG) replaces and improves upon the successful Small Firms Loan Guarantee scheme. This Government-backed business loan is designed to help established viable companies looking for additional funding or working capital and through Venture, businesses can raise anything from £25,000 to £1 million.

How does the EFG work?

The Government through the BERR (formerly the DTI) guarantees up to 75% of the business loan and Venture provides the finance, using our Recruitment Factoring or Recruitment Invoice Discounting services. Designed for small and medium enterprises, it’s an excellent scheme that can be used for a wide range of business purposes.

If you are a business to business operation in the UK and have an annual turnover from £500,000 to £25million, you could be eligible.

What’s next?

 

To find out more, click on the benefits button or call our team – they will quickly be able to tell you whether the Enterprise Finance Guarantee could work for you. Call us now on 0800 077 8547.