HC Deb 15 May 1986 vol 97 c500W
48. Mr. Alton

asked the Paymaster General whether he expects the recent changes to the loan guarantee system to produce more demand for loans over £15,000 from small unincorporated traders; and if he will make a statement.

Mr. Trippier

The premium paid by borrowers has been reduced from 5 per cent. to 2.5 per cent. per annum. I expect this to lead to an increased demand for loans of all sizes up to the maximum of £75,000 from both incorporated and unincorporated traders.