Govt extends small business finance help

It has confirmed the Enterprise Finance Guarantee (EFG) will continue for the next four years, making around £2bn available to viable small companies without a credit history or collateral. Furthermore, an extra £200m is to be injected into Enterprise Capital Funds, supporting equity investments in the highest growth potential businesses over four years. Chancellor George Osborne says: "Ensuring that viable businesses have access to suitable and diverse sources of finance is crucial for helping to get the economy growing again. "The government is dedicated to creating the condition...