New Rules BERR

The Government has now superceded the old small firm loan guarantee scheme with the new BERR finance scheme replacing it.  It is now called the Enterprise Financial Guarantee (EFG).

Companies can now apply for a 75% guarantee from the government and can make applications for up to £1,000,000 which is up from the old £250,000 ceiling.

Further details on this scheme can be found on our website under commercial finance EFG link.