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Small Firms Loan Guarantee Scheme
The Small Firms Loan Guarantee Scheme (SFLGS) is a
government scheme, operated in conjunction with the Department of Trade and Industry, that
enables us to finance business propositions that would not normally qualify for
conventional finance, often because of a lack of available security or track record.
Features
- Loans drawn under the scheme may be between £5,000 and
£250,000.
- Scheme funds may be used to provide working capital or for
capital expenditure.
- Repayment can be arranged for periods of between 2 and 10
years.
- Base-related and fixed interest rates are available.
- A capital repayment holiday of up to 24 months is permitted.
- Capital repayments can be made monthly or quarterly to suit
your cashflow.
- Drawdown in stages is permitted on facilities over £30,000.
How to find out more
- Speak with a business relationship manager – click on
the Find Us button above to locate your nearest branch.
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