Enterprise Finance Guarantee

Launched in 2009, the Enterprise Finance Guarantee encourages lending to viable UK businesses that would be turned down for a loan or other form of debt finance due to inadequate security. It does this by providing accredited lenders with a Government-backed guarantee for 75% of the loan value (subject to a cap on total guaranteed lending across the lender’s total loan book).

EFG is managed on behalf of the Secretary of State for Business, Innovation and Skills by British Business Financial Services, a wholly-owned subsidiary of British Business Bank plc.

The British Business Bank’s guide, Understanding the Enterprise Finance Guarantee, explains the programme in greater detail, including how to apply and which banks and other lenders are partners in the programme.

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