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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.
The SFLG was replaced by the Enterprise Finance Guarantee (EFG) on 14 January 2009.
Video Small Firms Loan Guarantee
See also
- Enterprise Finance Guarantee
Maps Small Firms Loan Guarantee
References
Source of the article : Wikipedia
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