Government announces new improved EFG Loan Guarantee Scheme providing companies with a turnover of up to £25 million with loan facility of up to £1 million. &5% of the loan will be guaranteed by the Govenment and 25% will be unsecured and at the banks’ risk.

In this country we have the most prolific and successful SME business community anywhere in the world. The vast majority of the UK’s wealth is generated by SME businesses. We pay the highest taxes whilst struggling with the ever growing burden of red tape, regulation and lack of help and information. Large corporations have the [...]

Businesses across Wales are set to reap the benefits of up to £3 billion in European Union funding. West Wales and the Valleys has become the first region in Britain to have its EU Structural Fund programme legally adopted, leading the way for massive investment during the period 2007 to 2013. Around £570 million will [...]

Why do I need a business plan? A business plan is necessary for three primary reasons:   It gives business owners a current assessment of the business as well as a roadmap for the future. It helps a business grow, both organically and through outside funding. It is essential to have an up to date [...]

It is a question we are often asked and the short answer is that there may be several different options available to raise money for your business. You may be eligible to apply to the Small Firms Loan Guarantee Scheme – if your business is under 5 years old and you have no (or very few) [...]

The Small Firms Loan Guarantee scheme – SFLG -has been in existence to enable small businesses with a viable business plan, but lacking security, to borrow money from approved lenders. The Small Firms Loan Guarantee scheme (SFLG) is a joint venture between the DTI and the approved lenders. The scheme will provide loans between £5000 [...]