DH Finance Solutions has joined forces with a number of leading Invoice Finance specialists to offer you an alternative and flexible cash flow solutions.

The Enterprise Finance Guarantee (EFG) replaces and improves upon the successful Small Firms Loan Guarantee scheme. This Government-backed business loan is designed to help established viable companies looking for additional funding or working capital from £25,000 to £1 million.
How does the EFG work?

The Government through the BERR (formerly the DTI) guarantees up to 75% of the business loan. Designed for small and medium enterprises, it’s an excellent scheme that can be used for a wide range of business purposes.

The Enterprise Finance Guarantee (EFG) is designed to help businesses with insufficient security to raise finance by guaranteeing 75% of the loan. It’s a great way to inject working capital into an existing enterprise, quickly and competitively.

The benefits of the Enterprise Finance Guarantee include:

• Borrow from £25,000 to £1 million
• 75% of the EFG loan is guaranteed by the Government
• Few restrictions on loan use
• Repayment terms range from 3 months to 5 years
• Fast access to finance - funds provided in days rather than weeks
• Retain control - Ulitise your assets to maximise finance as an alternative to equity finance.

 

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