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Sorry guys, missed off another point...
If I am right, then it seems to be supported by what happened in the case of twozuluzulu as posted on 31/1/12 where he states the bank asked for £32k, which happened to be the amount written into his guarantee?
Hi guys. Really interested in the debate that has been going on, not least of which is because I too have an EFG loan. Started my business in 2011 with an EFG loan of £30,000 with 12 months repayment holiday (having put in another £30K myself). Repayments started a year later with an overall...