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The Start Up Loans Scheme is a UK government backed programme that offers finance, mentoring and support to entrepreneurs looking to start (or grow) a business in England, Scotland, Wales and Northern Ireland.
Under the EFG scheme the UK government, through its Department for Business, Innovation and Skills [1] (BIS) will guarantee 75% of any loans made, with the bank covering the remaining 25%. The guarantees will mean that the government, or taxpayers, will pick up three-quarters of the tab for any bad loans for which a claim can be made.
British Business Bank plc (BBB) is a British state-owned economic development bank established by the UK Government.Its aim is to increase the supply of credit to small and medium enterprises (SMEs) as well as providing business advice services.
Exclusive: Figures show £26bn was loaned out to around 100,000 firms under the government-backed scheme, but only one in four have paid off the debt Thousands of businesses can’t afford ...
The most common government-backed small business loan with loan amounts of up to $5 million available. Money can be used for almost any purpose, including working capital, payroll, expansion and ...
SBA loans: These loans are backed by the government and offer easier approvals and large loan limits. Through the SBA 7(a) program, borrowers can get loans up to $5 million.
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