Business: Government Assistance

Business, Innovation and Skills written question – answered am ar 8 Ebrill 2010.

Danfonwch hysbysiad imi am ddadleuon fel hyn

Photo of Willie Rennie Willie Rennie Chair of Parliamentary Campaigns; Shadow Defence Minister

To ask the Minister of State, Department for Business, Innovation and Skills what discussions his Department has had with Royal Bank of Scotland on its administration of the small firms loan guarantee scheme.

Photo of Ian Lucas Ian Lucas Parliamentary Under-Secretary (Department for Business, Innovation and Skills) (Business and Regulatory Reform)

holding answer 30 March 2010

The Small Firms Loan Guarantee (SFLG) was replaced by the Enterprise Finance Guarantee (EFG) in January 2009.

Ministers have regular discussions with representatives of each of the main UK lenders regarding a range of SME finance issues including via the Small Business Finance Forum.

Capital for Enterprise Ltd. (CfEL), which is responsible for operational delivery of SFLG and EFG on behalf of the Department, maintains a regular dialogue with each of the accredited lenders specifically regarding their administration of these schemes.

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