Loan Guarantee Scheme

National Loan Guarantee Scheme (NLGS) – HM Treasury

  • Launched last week (20 March)
  • Help businesses access cheaper finance by reducing the cost of bank loans under the scheme by 1 percentage point.

EFG lending to SMEs

Lending to SMEs under EFG scheme falls to new low – Syscap

  • Lending under the Enterprise Finance Guarantee acheme has fallen to another new record low
  • The value of loans offered under the EFG scheme has dropped further to £77.8 million in the last quarter (to December 31st) down 24% from £102.8m million during the same period last year