Small business loans
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PassionFord Post Whore!!
Joined: May 2004
Posts: 5,946
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From: Scotland
Small business loans
How does it work guys, i heard the goverment were to guarentee them ? what exactly is the story with business loans, lower intrest etc etc??? anyone any knowledge on this? 
H71 CNX
Joined: Nov 2008
Posts: 210
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From: Leicester
AFAIK, the small business loan guiarantee scheme is for businesses that need a bank loan but do not have sufficient collateral. The government guarantee 75% of the loan for the bank, making it much less of a risk.
I am in the process of investigating this for my next venture.
I am in the process of investigating this for my next venture.
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