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The Small Firms Loan Guarantee Scheme Explained
The Small Firms Loan Guarantee (SFLG) is a joint venture between the Department of Trade and Industry (DTI), and participating lenders with the aim of fostering the growth of small to medium-sized businesses in the UK. Without adequate capital, small businesses cannot grow, and as they do not have the required assets as security, they cannot access conventional loans. The Small Firms Loan Guarantee is designed to overcome this.
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