Download the latest performance data for the Enterprise Finance Guarantee, for the 3rd quarter of FY 2018-19:
In April 2016, the British Business Bank published its Enterprise Finance Guarantee (EFG) Scheme Strategic and Operational Design Review 2015/6.
In November 2017, London Economics, with support from Ipsos MORI, published a positive economic evaluation of the Enterprise Finance Guarantee Scheme.
- Budget 2017 (November) announced that EFG would be extended for a further four years and expanded to support up to £500m per year.
- To date, more than 29,000 loans have been drawn down under the EFG programme, to a value of over £3.2bn (as at end June 2018).
- There are currently over 40 accredited lenders offering EFG-supported borrowing facilities to smaller businesses). The Bank expects this number to grow in 2017, following the opening up of the EFG programme to new lenders in June 2016, including to asset finance providers.