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As all nursery owners know, cash is the oxygen that enables a business to survive. In response to the difficult economic climate Business Link have teamed up with lenders and business representative bodies to produce a guide that aims to help owners improve their ability to raise finance.

The article presents information on the Enterprise Finance Guarantee introduced by the British government to ensure that small- to medium-sized businesses have access to working capital during a time of tighter lending conditions. The government will guarantee 75% of the amount that will be borrowed by a business to a lender. An eligible borrower can loan between 1,000 and 1,000,000 British pounds over a term of between one and ten years.