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Loan Guarantee Scheme

mindyourlanguage
Posts: 265 Forumite

in Loans
Hello
I have been trading for just over 2 years and I would like to borrow £30K, this would be for paying off and existing loan, credit cards and some work need to the business.
Can I use the Loan Guarantee Scheme for this?
Thanks
I have been trading for just over 2 years and I would like to borrow £30K, this would be for paying off and existing loan, credit cards and some work need to the business.
Can I use the Loan Guarantee Scheme for this?
Thanks
0
Comments
-
I don't think you can.
I think all the funds would have to be used for business purposes.0
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