Business Funding / SFLG
SFLG
MSC will arrange finance through the Small Firms Loan Guarantee Scheme (SFLG). This is a government backed scheme and can help you secure up to £250,000.
The SFLG is guaranteed by the government through BERR (formerly DTI Loans) for up to 75% of the loan. If your business:
- Has an annual turnover of less than £5.6 million
- Is based in the UK
- Is looking for non dilution funding of between £5,000 and £250,000
- Has majority investors that have extenuated their personal equity
MSC has vast experience in dealing with applications for SFLG loans. Using our unique ‘Blitz Methodology’, we will review your current business, audited accounts, management accounts and balance sheet and develop a business case to meet the schemes criteria, and a 2-3 year Business Development Strategy Plan.
The benefits of working with MSC include:
- 18 years of experience in this area
- A very high success rate
- Fast track applications
- No directors’ personal guarantees
- Minimal director involvement in the development of the SFLG collateral
- Loans can be used for a wide range of purposes
- Non dilution funding – no erosion of equity
- Repayment of up to 10 years
- Up to 3 years capital repayment holiday
- The development of a 2-3 year Business Plan, that can be used for business internal and third party communication purposes
To find out if you are eligible, please call us on:
0114 2308401
or email us at:
businessdevelopment@mscbdg.co.uk