Oral Answers to Questions

Debate between Gordon Henderson and James Duddridge

Tuesday 16th October 2018 Commons Chamber

[Gordon Henderson (Sittingbourne and Sheppey) (Con)]

7. What steps he is taking to improve access to finance for small businesses.

[James Duddridge (Rochford and Southend East) (Con)]

9. What steps he is taking to improve access to finance for small businesses.

[The Parliamentary Under-Secretary of State for Business, Energy and Industrial Strategy (Kelly Tolhurst)]

Improving access to finance is the mission of the British Business Bank, which addresses gaps in the finance market through guarantees and through debt and equity finance. The bank recently launched an online finance hub to help entrepreneurs identify the most suitable finance options for their needs. It is currently supporting about £5.2 billion of finance to almost 75,000 businesses across the United Kingdom.