Enterprise Finance Guarantee

If your annual turnover is under £25 million, the UK Government could act as guarantor for your next commercial loan from NatWest.

The guarantee can be used to support new loans or to convert part or all of an existing NatWest overdraft into a commercial loan.

You could use the funds to grow and develop your business, or to generate cash flow.

How Enterprise Finance Guarantee works

Under the guarantee, the Department for Business Innovation & Skills (BIS) acts as guarantor for 75% of your commercial loan.

What’s more, your business can enjoy the many benefits of a NatWest commercial loan.

Enterprise Finance Guarantee loan benefits

• Fixed and variable rates – whatever suits you best
• Loans up to £1 million – borrow from just £1,000
• 10 year maximum loan term – and a three month minimum term
• Flexible drawdown – take your loan in one sum or in stages
• Interest only option – take a capital repayment holiday if you need it
• Choice of borrowing options – Enterprise Finance Guarantee facilities can also be made available by way of overdraft or invoice finance, to help suit your own individual circumstances.

More information

If you take a loan under the scheme, you need to pay a 2% premium on the outstanding balance to BIS. Premiums are collected in advance, on a quarterly basis by direct debit.

Some sectors are excluded from this scheme, and restrictions may apply to others. Please speak to your relationship manager for full details.

If you decide to take a payment holiday, you should be aware that interest will continue to accrue during the duration of the payment holiday. Your payments may increase once you resume payments.