Coronavirus Business Interruption Loan Scheme

(asked on 15th March 2021) - View Source

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

To ask Her Majesty's Government which government department was responsible for approving Greensill Capital as a lender under the Coronavirus Business Interruption Loan Scheme; and whether in making this decision they took advice from any other government department or regulatory agency.


Answered by
Lord Callanan Portrait
Lord Callanan
Parliamentary Under Secretary of State (Department for Energy Security and Net Zero)
This question was answered on 29th March 2021

The British Business Bank is responsible for accrediting lenders to the Coronavirus Business Interruption Loan Scheme (CBILS).

Greensill Capital (UK) Limited were approved by the British Business Bank for CBILS and the Coronavirus Large Business Interruption Loan Scheme last year in accordance with its published guidance on accreditation.

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