News Article

Asset Based Lending

FLA welcomes BBB’s extension of EFG scheme to asset finance providers

By CreditMan Tuesday, June 21, 2016

Commenting on the British Business Bank’s (BBB) announcement that it has opened up the accreditation process for the new asset finance variant of the Enterprise Finance Guarantee (EFG) scheme, Simon Goldie, Head of Asset Finance at the Finance & Leasing Association (FLA), said:

“Today’s announcement will help to ensure that more small and medium-sized businesses will be able to access the finance they need to grow. It is also great to see asset finance growing in profile and use through the Government’s lending schemes.”