Enterprise Finance Guarantee Scheme

(asked on 2nd February 2015) - View Source

Question

To ask the Secretary of State for Business, Innovation and Skills, pursuant to the Answer of 28 January 2015 to Question 221259, on how many occasions banks which have accessed funds on behalf of borrowers under the Enterprise Finance Guarantee scheme have subsequently made a claim on the public purse following default.


Answered by
Matt Hancock Portrait
Matt Hancock
This question was answered on 13th February 2015

Lenders participating in the Enterprise Finance Guarantee scheme originate loans to eligible business entities using their own capital.

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