Small Firms loan guarantee scheme

Do you have a viable business plan that requires equipment funding?

But your company is: -

• New start
• Recently formed
• Not strong enough to borrow  the amount required
• No deposit available
• Limited financial Information available
• No Security to offer

The Small Firms Loan Guarantee (SFLG) helps to overcome this by providing lenders with a government guarantee for a large proportion of the loan required.

The SFLG is a joint venture between the Department of Trade and Industry (DTI) and a number of participating lenders.  The main features and criteria of the scheme are:-

• A guarantee to the lender covering 75 per cent of the loan amount.
• The ability to guarantee loans of up to £250,000 and with terms of up to ten years.
• Availability to qualifying UK businesses with an annual turnover of up to £5.6million and which are up to five years old.
• Availability to businesses in most sectors and for most business purposes.

Bell can assist you in obtaining SFLG funding as part of a capital expenditure project, and even if you only have a bright idea we can even help with the production of a business plan to support your application.

Give us a Bell we may be able to make that opportunity become a reality quicker than you think!