HC Deb 26 November 1996 vol 286 c150W
Mrs. Roche

To ask the President of the Board of Trade, pursuant to his answer of 19 November,Official Report, column 515, (1) when he expects the completion of the criteria for potential lenders to the loan guarantee scheme; [6039]

(2) pursuant to his answer of 19 November, Official Report, column 515, when he expects new specialist lenders in the technology sector to be added to the loan guarantee scheme list of approved lenders. [6043]

Mr. Page

We are aiming to complete the criteria for adding new specialist lenders to the scheme by the end of January 1997. At the same time we are working to identify possible candidates. Following this, we are aiming, as quickly as possible, to select the new lenders and add them to the scheme subject to the satisfactory conclusion of the necessary negotiations and legal work.

Mrs. Roche

To ask the President of the Board of Trade, pursuant to his answer of 19 November,Official Report, column 515, how many loans were made (a) up to £30,000, (b) between £30,000 and £100,000, and (c) above £100,000.[6045]

Mr. Page

[holding answer 25 November 1996]Of the 35,574 loans guaranteed between 1 April 1988 and 31 October 1996, the figures are:

  • Loans up to £30,000: 24,932;
  • Loans between £30,000 and £100,000: 9,402;
  • Loans above £100,000: 1,240.