A guaranteed mortgage is a type of home loan in which a third-party organization guarantees repayment to the lender in case the borrower defaults. These guarantees are often provided by government agencies, enhancing the chances of loan approval and potentially offering favorable terms to the borrower.
An international financial institution that provides loans and financial assistance for development projects in middle-income and creditworthy low-income countries, commonly known as the World Bank.
The Small Firms Loan Guarantee (SFLG) was a government-backed scheme in the UK designed to help small businesses secure financing when they could not offer sufficient collateral. It has been succeeded by the Enterprise Finance Guarantee (EFG).
