Written Question·Department for Business and Trade·UIN 81797

Small Businesses: Loans

Tabled: 14 October 2025
Answered: 20 October 2025
Named Day

Question

Gareth Thomas

Labour (Co-op)Harrow West

To ask the Secretary of State for Business and Trade, if he will ask the British Business Bank to support credit unions to offer loans to small businesses.

Answer

Blair McDougall
The British Business Bank is backing Community Development Finance Institutions (CDFIs) with £150 million of capital through the Community ENABLE Funding programme, to support small businesses that are under-served by commercial lenders.Credit unions play...

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