Small Firms Loan Guarantee Explained

The Small Firms Loan Guarantee (SFLG) was a UK government loan support scheme for small businesses that ran from 1981 to January 2009.

Under the scheme, participating banks could lend up to a maximum of £250,000 to eligible UK companies trading less than five years with a turnover of less than £5.6 million, and have 75% of the loss at default met by the government.^[1]

The SFLG was replaced by the Enterprise Finance Guarantee (EFG) on 14 January 2009.

See also

• Enterprise Finance Guarantee

Notes and References

1. Web site: Enterprise Finance Guarantee . http://webarchive.nationalarchives.gov.uk/20090908161007/http://www.berr.gov.uk/whatwedo/enterprise/enterprisesmes/info-business-owners/access-to-finance/efg/page37607.html . dead . September 8, 2009 . Department for business innovation and skills (archive) . September 8, 2009 .