XL Business Finance
Follow us on Facebook Follow us on Twitter Follow us on LinkedIn

Small firms loan guarantee

Small firms loan guarantee, Business  finance, Manchester, Birmingham, London

XL Business Finance and one of their strategic finance partners have access to business finance under the Small Firms Loan Guarantee Scheme (SFLG). The Small Firms Loan Guarantee Scheme is suitable to small and medium sized businesses purchasing capital equipment and requiring equipment finance. It may also be suitable for refinancing existing machinery.

SFLG finance will be of particular benefit for new start businesses requiring asset finance leasing. It is becoming increasingly difficult to obtain finance through traditional banking facilities and a as an independent finance broker we certainly add value for any new start business.  

Small Firms Loan Guarantee may also suitable for businesses requiring turnaround finance or businesses looking to purchase large capital investments.

A Cashflow loan need not be a problem. XL Business Finance is one of the UK’s leading cash flow finance specialist and we have the knowledge and experience to source the most suitable invoice factoring or account receivable factoring facilities available.

Under the scheme, Loan Guarantees are provided to businesses in conjunction with advancing asset based or property finance to companies who have a viable proposal but due to a lack of track record have failed to obtain finance through conventional channels.

In general, eligible companies must be UK-based with an annual turnover of no more than £5.6m. The guarantee covers 75% of the outstanding loan. We offer loans between £25,001 and £250,000, available for periods between 2 and 10 years.

SFLG is now available to businesses trading for more than 3 years. To discuss your requirements in more detail, please contact us.

See also;

New business financing

Small business financing