Enterprise Finance Guarantee Or EFG as it is more commonly known. The Enterprise Finance Guarantee was launched in 2009 as the UK sank into the depths of the credit crunch. The Enterprise Finance Guarantee (EFG) was a replacement for the Small Firms Loan Guarantee Scheme (SFLGS) which operated for several years previously. Great, But What
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Alternative SME Finance So, you are an SME director/owner and are looking for finance. History says you go to your bank, tell them your story and ask for money. Confident of getting your finance? Probably not. So where do you go next. In the UK there are over 4m SMEs making up 99% of the
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Business Expansion Recruitment for full time posts in the South of England has increased for the 10th month in a row say KPMG. This trend is expected to continue according to the Close Brothers Business Barometer, with 18% of businesses expecting to take on more full time staff during the next 12 months. If you
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The British Bankers Association (BBA) is today thought to appease critics over thoughts it has not done enough with a scheme aimed at appeasing Vince Cable. The BBA are set to announce at it’s annual dinner tonight (22nd July) that it will publish business lending statistics in postcode format. This follows accusations that it has
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Crowdfunding Crowdfunding, also known as peer to peer, or peer to business lending, is a growing source of business finance and one that is steadily increasing in popularity. Business Secretary Vince Cable MP was quoted as saying: “SMEs need access to a range of finance options, including non-bank lending. Those forms of finance are still
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