United Kingdom · Question · Written question
UIN 71014
Bounce Back Loan Scheme
Original
Introduced
8 July 2020
Last action
17 July 2020 · Answer
Status
Answered
Sponsors
—
Subjects
Discovery layer
Source updated
17 July 2020
Summary
To ask the Secretary of State for Business, Energy and Industrial Strategy, what the average time is between application and payment of Bounce Back Loans by banks to customers who (a) have an existing business bank account and (b) are new customers.
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Timeline
8 July 2020
Written question
To ask the Secretary of State for Business, Energy and Industrial Strategy, what the average time is between application and payment of Bounce Back Loans by banks to customers who (a) have an existing business bank account and (b) are new customers.
Source: Commons
17 July 2020
Answer
The processing of applications under the Bounce Back Loan Scheme is fully delegated to the 26 accredited lenders. The length of time from application to payment will vary across each of these lenders. A number of factors, including whether or not a custom...
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/2020-07-08/71014
- Open data entity: https://questions-statements-api.parliament.uk/api/writtenquestions/questions/1222096
- uk · wq-1222096 · source updated 17 July 2020