New Businesses: Loans
(asked on 28th February 2024) - View Source
Question to the Department for Business and Trade:
To ask the Secretary of State for Business and Trade, how many Government funded start-up loans have been issued (a) in every year since 2012 and (b) in total.
As of January 2024, a total of 110,699 Start Up Loans have been issued since 2012 with an aggregate value of £1,075,873,213.
The attached table contains a breakdown of Start Up Loans issued by year, from 2012-13 to Jan 2024.
Year | Loans Made | Amount Lent |
2012-13 | 1884 | £ 9,578,673 |
2013-14 | 12647 | £ 70,146,440 |
2014-15 | 13543 | £ 66,902,431 |
2015-16 | 9191 | £ 64,961,014 |
2016-17 | 9263 | £ 89,618,969 |
2017-18 | 8521 | £ 104,723,856 |
2018-19 | 7896 | £ 83,258,440 |
2019-20 | 8532 | £ 95,572,650 |
2020-21 | 11318 | £ 137,286,554 |
2021-22 | 10372 | £ 130,745,218 |
2022-23 | 9536 | £ 119,952,292 |
2023-24 | 7996 | £ 103,126,676 |
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Totals (2012-2024) | 110699 | £ 1,075,873,213 |