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question first answered	2020-02-26T16:20:14.61Z
min question first answered	2018-11-20T15:31:59.637Z
creator › label	Biography information for Lord Myners
min ddp modified	2019-02-11T22:16:52.165Z

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registered interest

date

exactly:

or between:
and

answering body

answering dept id

answering dept short name

answering dept sort name

hansard heading

house id

legislature


pref label

question text

tabling member printed

uin

answer

is ministerial correction

date of answer

exactly:

or between:
and

answer text

answering member printed

question first answered

answering member


label

tabling member


label

1178152

registered interest

date

12/02/2020

answering body

Department for Business, Energy and Industrial Strategy

answering dept id

201

answering dept short name

Business, Energy and Industrial Strategy

answering dept sort name

Business, Energy and Industrial Strategy

hansard heading

British Business Bank

house id

legislature

25277

pref label	House of Lords

question text

To ask Her Majesty's Government how much the British Business Bank lent through peer-to-peer lending platforms in each of the last two financial years; and whether the British Business Bank continues to provide loans to new borrowers through peer-to-peer platforms or whether loans are now confined to supporting previous borrowers sourced through peer-to-peer platforms.

tabling member printed

Lord Myners

uin

HL1607

answer

is ministerial correction

date of answer

26/02/2020

answer text

The British Business Bank does not lend directly to SMEs. The Bank’s total exposure through peer-to-peer delivery partners was:· £101.3m at 30 September 2019 (the latest data available), and· £102.9m at 31 March 2019.The Bank’s exposure contributes to loans to SMEs. In combination with other funders, the new loans it supported through peer-to-peer platforms were as follows:· £268.7m of new finance to 2,738 SMEs in the six months to 30 September 2019 (the latest data available), and· £705.4m of new finance to 7,794 SMEs in Financial Year 2018/19.The Bank’s exposure to peer-to-peer delivery partners continues to provide finance to new SME borrowers.

answering member printed

Lord Callanan

question first answered

26/02/2020 16:20:14

answering member

4336

label	Biography information for Lord Callanan

tabling member

3869

label	Biography information for Lord Myners