Small Business Loans

Enterprise Finance Guarantee (EFG)
A UK government scheme designed to encourage bank lending to smaller enterprises by providing a 75% guarantee on company overdrafts, while the borrower remains liable for 100% of the loan amount. It is available to UK companies with a turnover of no more than £41M.
Small Business Administration (SBA)
The Small Business Administration (SBA) is a United States government agency that provides support to entrepreneurs and small businesses. The SBA's mission is to maintain and strengthen the nation's economy by enabling the establishment and viability of small businesses and by assisting in the economic recovery of communities after disasters.
Term Asset-Backed Securities Loan Facility (TALF)
A funding facility under which the Federal Reserve Bank of New York lends up to $200 billion on a non-recourse basis to holders of certain AAA-rated asset-backed securities (ABS), aimed at promoting the flow of credit to businesses and households.

Accounting Terms Lexicon

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