Small Businesses: Loans
(asked on 15th June 2026) - View Source
Question to the Department for Business and Trade:
To ask the Secretary of State for Business and Trade, further to the Answer of 11 June 2026 to Question 7122, if he will collect data on the average time for SMEs to receive a decision on bank loan applications.
Answered by
Blair McDougall
Parliamentary Under-Secretary of State (Department for Business, Innovation, Science and Trade) (Jointly with the Department for Energy Security and Net Zero)
This question was answered on 23rd June 2026
The Department for Business and Trade does not currently have plans to collect information on trends in the average time for SMEs to receive a decision on bank loan applications.