Business: Loans
(asked on 27th January 2015) - View Source
Question
To ask the Secretary of State for Business, Innovation and Skills, how many companies have received financial support to date under the Direct Lending scheme; and on what dates such support was provided.
This question was answered on 2nd February 2015
On 5 October 2014, my Rt hon Friend the Chancellor of the Exchequer announced the first Direct Lending Facility loan, which helped Carillion secure a significant contract with the Dubai World Trade Centre.
There is now a pipeline of 40 potential loans ranging from £5m to over £1bn