United Kingdom · Question · Written question
UIN 87626
Small Businesses: Coronavirus
Introduced
6 December 2021
Last action
9 December 2021 · Answer
Status
Answered
Sponsors
—
Subjects
Discovery layer
Source updated
9 December 2021
Summary
To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment his Department has made of the level of accessibility to Covid Recovery Scheme loans for small and medium-sized businesses that are requesting amounts of less than
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
6 December 2021
Written question
To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment his Department has made of the level of accessibility to Covid Recovery Scheme loans for small and medium-sized businesses that are requesting amounts of less than
Source: Commons
9 December 2021
Answer
The Recovery Loan Scheme (RLS) is open to businesses requesting amounts of less than £50,000. The minimum facility size varies in the RLS, starting at £1,000 for asset and invoice finance, and £25,001 for term loans and overdrafts. As of 7 December 2021, ...
Source: Written answer
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Sponsors
- · 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/2021-12-06/87626
- Open data entity: https://questions-statements-api.parliament.uk/api/writtenquestions/questions/1385308
- uk · wq-1385308 · source updated 9 December 2021