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:
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