AskIf Funding Limited accredited as a lender for the term loan variant of the Enterprise Finance Guarantee (EFG) Scheme.

Through the EFG scheme, AskIf Funding will be able to lend to viable smaller businesses with insufficient security under normal terms. EFG provides the lender with a government-backed 75% guarantee against the outstanding facility, potentially enabling a ‘no’ credit decision from a lender to become a ‘yes’.

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