Small Businesses: Loans
Commons · Question 9538 · Tabled 15 Jun 2026 · Department for Business and Trade · Official record
Answered 23 Jun 2026
Question
Asked by Damian Hinds
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.
Answer
Answered by Blair McDougall, 23 Jun 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.