Treasury considers 100% guarantee on ‘micro-firm’ loans
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The Treasury is considering offering 100% guarantees on loans up to £25,000 for the UK’s tiniest firms.
Chancellor Rishi Sunak said in March that UK-based small and medium-sized business could apply for interest-free loans to help them with Covid-19 related difficulties.
However, companies say they are still finding it difficult to get credit.
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