Small businesses will benefit from a new fast-track finance scheme providing loans with a 100% government-backed guarantee for lenders, the Chancellor announced this week.
Labour & Independent Councillors on the Finance Sub-Committee have approved the drawing down of £17.6m exceptional financial support (ESF) from Government, despite the long-term cost of interest rates. The EFS, is not ‘free money’ but must be paid back over up to twenty years and incu