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  3. Finance Glossary
  4. Terms Beginning With L
  5. Loan Guarantee Scheme

Loan Guarantee Scheme

Definition of 'Loan Guarantee Scheme'

A facility whereby banks are able to lend to firms that would not otherwise qualify for bank finance due to lack of track record, the loan being guaranteed by the Department of Trade and Industry.

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Related Terms

Syndicated LoanAccrued Rights Premium (ARP)Appropriate Personal Pension Scheme (APPS)Equivalent LoanAccrual RateBusiness Expansion SchemeClosed Ended SchemeEISAccepting HouseBankers AcceptanceForfaitingWarrantyAmortizationBalloon Repayment on a LoanBank LoanCompound InterestReal Interest RateAdded YearsAdditional Voluntary ContributionsApprenticeship

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