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Small Businesses: Bank Services

Volume 493: debated on Tuesday 2 June 2009

To ask the Minister of State, Department for Business, Enterprise and Regulatory Reform what recent assessment he has made of the adequacy of levels of access to credit for small businesses; and if he will make a statement. (242742)

I refer the hon. Member to the answer I gave on 5 February 2009, Official Report, column 1456W, to my hon. Friend the Member for Glasgow, Central (Mr. Sarwar).

In relation to the Enterprise Finance Guarantee, since its launch on 14 January, the Enterprise Finance Guarantee has over £400 million of eligible applications from over 3,600 firms that have been granted, are being processed or assessed.