NACFB Magazine - comment from West Midlands Regional Director

Funding for SMEs, the EFG scheme and asset based lending - comments from Martyn Freshwater

"The new coalition government recognises the importance of small firms to the UK economy and is putting policies into place that will further promote and encourage enterprise.

"In the emergency budget on 22 June, a new major loan guarantee programme is likely to be announced, ensuring that SMEs have further access to credit.

"At Lloyds TSB Commercial Finance, we also remain committed to funding SMEs, ensuring they can readily access the finance they need to expand.

"To highlight our practical support for SMEs, we have recently launched our EFG offering to enhance our portfolio and complement our full range of asset based finance facilities and supplementary products."


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