Start Up Loans Company: Applications

(asked on 4th February 2016) - View Source

Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Innovation and Skills, how many applications have been approved by the Start-up Loan Company in each of the last five years.


Answered by
Anna Soubry Portrait
Anna Soubry
This question was answered on 9th February 2016

Since the Start Up Loans Company was established in September 2012, the Start-up Loans Company has approved a total of 36,960 applications. A breakdown of applications granted in each of the past four financial years since the Company began is set out below.

SULCo Loans Approved

Financial Year

Volume

Value

2012-2013

2,565

£13,922,757

2013-2014

13,431

£74,218,127

2014-2015

13,658

£68,344,871

2015-2016 (up to December 2015)

7,306

£50,235,681

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