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Assistance
SMALL FIRMS LOAN GUARANTEE SCHEME

W: www.sbs.gov.uk

Categories: Debt


In Northern Ireland, with effect from 1 April 2003, the SFLGS will:

  • Offer a single guarantee rate of 75% for all new loans
  • Include Retailing, Catering, Coal, Hairdressing and Beauty Parlours, House and Estate Agents, Libraries, Museums and Cultural Activities, Motor Vehicle Repair and Servicing, Steel and Travel Agents
  • Increase the maximum turnover level for non-manufacturing businesses to £3m
  • Charge a premium of 2% per year on the outstanding balance for all new loans.

Applications should be made direct to the lenders, who include: