Derek Cooper's Articles in Loans

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Business Refinancing - Alternatives to the government Enterprise Finance Guarantee The UK government introduced the Enterprise Finance Guarantee scheme (EFG) as the cornerstone for businesses to trade out of the recession. Despite the government's assurances and backing, UK banks remain extremely reluctant to provide new loan facilities for businesses. Business owners are well advised to consider alternative options for raising finance which is where Business Refinancing comes in. Business Refinancing another way for businesses to raise money in the Credit Crunch The economic downturn of the last 12 months has put severe restrictions on the amount of money banks are willing to lend to their business clients. This situation is having large implications for the development of businesses in the UK. However, there are some perhaps less well known avenues for raising business finance which company directors and business owners should be aware about.