The government provides the lender with 60% guarantee on each person’s facility. This scheme is in the form of recognized lenders of Barclays, HSBC, Lloyds Banking Group, RBS and Centers. Between £ 25.001 and £ 1million available, is available for gifting with a business for $ 25million in search of short-term financing for up to two years of growth (in three months).
Many young innovative SMEs due to the high cost of its plan is potential and labor for their development, with the help of Singapore research and development. In the initial phase investors are struggling to find repeatedly after investing in companies and prefer to learn “equity difference scheme”. To meet this gap, the ECF uses government financing with private sector investment.