There was some confusion on Wednesday about whether the firm has “reworked” its application to seek an 80% guarantee rather than one covering 100% of any loan.
On Tuesday evening, the firm released a statement saying the government had been offering a 100% guarantee.
But in March it raised concerns about “honouring that 100% level.”
The statement added: “Consequently, we have proposed a reworked deal at the standard 80% guaranteed level, that has been awarded to hundreds of other companies.”
However, on Wednesday, a company spokesperson told the BBC: “We have not reworked anything.”
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