Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What percentage of a loan will the UK scheme guarantee?

0
Posted

What percentage of a loan will the UK scheme guarantee?

0

Assuming the project meets the criteria for the scheme, the proportion of any loan guarantee will be assessed on a case-by-case basis according to credit risk assessment and also evidence as to the level of guarantee needed by the company to secure lending. As a general rule the Government would not expect to guarantee more than 75% of any loan, and is only permitted to guarantee up to 90% of any loan under the current temporary State Aid framework.

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123