United Kingdom · Question · Written question
UIN 41396
Coronavirus Business Interruption Loan Scheme
Introduced
29 April 2020
Last action
11 May 2020 · Answer
Status
Answered
Sponsors
—
Subjects
Discovery layer
Source updated
11 May 2020
Summary
To ask the Secretary of State for Business, Energy and Industrial Strategy, what steps he is taking to ensure that the British Business Bank's Borrower Viability Test does not prevent otherwise viable businesses from accessing the Coronavirus Business Int
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
29 April 2020
Written question
To ask the Secretary of State for Business, Energy and Industrial Strategy, what steps he is taking to ensure that the British Business Bank's Borrower Viability Test does not prevent otherwise viable businesses from accessing the Coronavirus Business Int
Source: Commons
11 May 2020
Answer
In order for a business to be eligible for the CBILS, it must be considered “viable” by the lender prior to the onset of COVID-19. The lender must consider that the applicant (or its business group) has a viable business proposition determined by the lend...
Source: Written answer
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- · Department for Business, Energy and Industrial Strategy · Answering body
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Sources
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- Official source: https://questions-statements.parliament.uk/written-questions/detail/2020-04-29/41396
- Open data entity: https://questions-statements-api.parliament.uk/api/writtenquestions/questions/1191737
- uk · wq-1191737 · source updated 11 May 2020