If small business uses £1 billion of the £330 billion government loan guarantee scheme I’ll be astonished – because it’s written so that they can’t get access to it

This is what the 40+ accredited lenders with their borrowing proposal. If the accredited lender can offer finance on normal commercial terms without the need to make use of the scheme, they will do so. Where the small Company has a sound borrowing proposal but insufficient security, the lender will consider the Company for support via […]

source https://thebtrader.com/2020/03/18/if-small-business-uses-1-billion-of-the-330-billion-government-loan-guarantee-scheme-ill-be-astonished-because-its-written-so-that-they-cant-get-access-to-it/?utm_source=rss&utm_medium=rss&utm_campaign=if-small-business-uses-1-billion-of-the-330-billion-government-loan-guarantee-scheme-ill-be-astonished-because-its-written-so-that-they-cant-get-access-to-it