Enterprise Finance Guarantee
- Government-backed guarantee for 75% of the value of each individual loan
- FREE impartial meeting to assess your suitability for the scheme
- Individually negotiated interest and fees
- Loans provided between £1,000 and £1 million
- Open to businesses with an annual turnover of no more that £41 million
Does your business need funding but lack security? Do you have a sound business proposal and trade profitability?
We work with a vast array of banks and alternative lenders that provide the Enterprise Finance Guarantee Scheme (EFG). Our skills and expertise in this area greatly improves your chances of obtaining finance for your business.
We know how the individual lenders view a proposal for the EFG, this insider knowledge gives us a real edge in the marketplace.
The Enterprise Finance Guarantee (EFG) is a scheme introduced by the Government to support businesses seeking loans up to £1 million.
The bank underwriters will still analyse the deal as normal, but the Government guarantees 75% of the loan, which means even if you don’t have the security to back the loan you have an opportunity of raising debt finance.
We have significant success with the Enterprise Finance Guarantee scheme and have raised millions in the past three years for clients who thought finance wasn’t available.
Datatech UK, one of the UK’s most sophisticated IT solutions and website hosting providers with global blue chip clients in banking, retail, and well known search engines, called upon commercial finance consultants Central Finance to prepare a six figure funding package to invest in the UK’s most sophisticated data software.
Central Finance worked closely with the innovative IT company to create a unique funding package including a Research and Development Grant, a Enterprise Finance Guarantee Loan Scheme and Equity Funding to grow their service offering at Datatech UK.
Datatech UK have now developed the most sophisticated data centre in the UK, the greenest in Europe and one of the largest of its kind.