Written Question·Department for Business and Trade·UIN 52451

Small Businesses: Loans

Tabled: 14 May 2025
Answered: 3 June 2025

Question

Callum Anderson

Labour — Buckingham and Bletchley

To ask the Secretary of State for Business and Trade, what data his Department holds on lending approval rates for SMEs applying for finance to invest in (a) technology, (b) commercial premises and (c) workforce training since 2022.

Answer

Gareth Thomas
Earlier this year, DBT launched a call for evidence on access to finance to better understand the barriers that SMEs experience when applying for loans. However, currently available results from the SME Finance Monitor provides the following data on SMEs ...
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