Published Date:
25 November 2008
A NEW small business finance scheme will be launched by the government to support up to £1 billion of bank lending.
There will be a separate £1bn guarantee facility to support bank lending to small exporters.
On top of that, there is to be a £50 million fund to convert businesses' debt into equity and a £25m regional loan transition fund.
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Last Updated:
24 November 2008 8:53 PM
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Source:
The Scotsman
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Location:
Edinburgh
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Related Topics:
Economic indicators
