Supporting business loans – Enterprise Finance Guarantee

The British Business Bank’s Enterprise Finance Guarantee (EFG) facilitates business loans to smaller businesses that are viable but unable to obtain finance from their lender due to having insufficient security to meet the lender’s normal requirements.

In this situation, EFG provides the lender with a government-backed 75% guarantee against the outstanding facility balance, potentially enabling a ‘no’ credit decision from a lender to become a ‘yes’.

Since its launch in 2009, EFG has supported the provision of £2.8bn of business loans to more than 26,000* smaller businesses in the UK.


EFG is managed by British Business Financial Services Limited, on behalf of its sponsoring department, Department for Business, Energy and Industrial Strategy (BEIS).

* As at October 2016.