Small Firms Loan Guarantee Scheme
The Small Firms Loan Guarantee Scheme (SFLGS) is a government backed initiative to enable small businesses to be able to raise loan finance although they may lack the assets required as security by traditional loan providers.
We can introduce you to authorised lenders that can offer the SFLGS in addition to invoice finance. Typically, you will be able to borrow between £5,000 and £100,000 (or up to £250,000 if you have been trading for over 2 years) over between 2 and 5 years.
No personal guarantees are required and the BERR (The Department for Business Enterprise and Regulatory Reform - formerly the DTI – Department of Trade and Industry) will guarantee 75% of the value of the loan.
This can release additional cash over and above that available from invoice finance and very few finance providers offer this service.
Who should I talk to?
Cashflow Acceleration Ltd, an East Sussex based company, offer a UK wide free independent quotation search service for invoice discounting.
In many cases they have saved clients at least 33% of the cost of their existing or quoted invoice finance facility.
Call 01892 784183 today for a FREE independent quotation search.
