“EFG effectively provides the security that the lender needs by guaranteeing 75% of any losses that the lender may suffer if the borrower subsequently defaults." Reinald de Monchy, Managing Director, Guarantee and Wholesale, British Business Bank.
“The Enterprise Finance Guarantee is an important option for smaller businesses who need access to finance in order to grow. We’re pleased to be partnering with British Business Bank and [UK Finance] to raise awareness of the scheme through our advisor network." Stephen Ibbotson, Director, Commercial & Business, ICAEW
“The great thing about EFG is that it can enable those deals to be done that wouldn’t otherwise be written." Mike Conroy, Executive Director, Corporate and Commercial Banking, UK Finance