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1188765
registered interest false more like this
date less than 2020-04-20more like thismore than 2020-04-20
answering body
Department for Business, Energy and Industrial Strategy more like this
answering dept id 201 remove filter
answering dept short name Business, Energy and Industrial Strategy more like this
answering dept sort name Business, Energy and Industrial Strategy more like this
hansard heading Coronavirus Business Interruption Loan Scheme more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Secretary of State for Business, Energy and Industrial Strategy, what steps he is taking to ensure firms can access the Coronavirus Business Interruption Loan Scheme. more like this
tabling member constituency Crawley more like this
tabling member printed
Henry Smith remove filter
uin 37587 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2020-04-28more like thismore than 2020-04-28
answer text <p>The Coronavirus Business Interruption Loan Scheme (CBILS) opened for applications on 23 March. The Government has been working closely with the British Business Bank and financial sector to ensure businesses can access the support they need. We have made changes to widen the scheme’s eligibility so that more small businesses across the UK can benefit from the scheme, by extending loans to all viable small businesses affected by the Coronavirus, not just those unable to secure regular commercial financing. For facilities under £250,000, use of personal guarantees are not permitted under the scheme.</p> more like this
answering member constituency Sutton and Cheam more like this
answering member printed Paul Scully more like this
question first answered
remove filter
answering member
4414
label Biography information for Paul Scully more like this
tabling member
3960
label Biography information for Henry Smith more like this