AS2011: Boost to EFG scheme
EFG to be expanded to businesses with turnover of £44m
EFG to be expanded to businesses with turnover of £44m
GEORGE OSBORNE has announced plans to expand the government’s Enterprise Finance Guarantee (EFG) scheme in a bid to get credit flowing to Britain’s small businesses.
The EFG will be expanded to businesses with a turnover of £44m. The government will also lauch a National Loan Guarantee scheme, which will use low interest govt borrowing rate to save small bsnsses roughly 1% on borrowing costs.
More about:
Join our webinar to learn how to streamline your a...
Leave a Reply
You must be logged in to post a comment.