Two weeks after the prime minister proclaimed that the Start Up Loans scheme had awarded its 10,000th loan, the chancellor outlined a boost to the finance initiative.
A £35 million increase to the coalition government’s Start-Up Loans scheme has pushed the amount available to prospective entrepreneurs over the £100 million mark.
Teresa Graham, deputy chair of the Government’s Better Regulation Task Force, explains impending changes to the Small Firms Loan Guarantee Scheme (SFLGS).