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Business: Government Assistance

Volume 493: debated on Wednesday 3 June 2009

To ask the Chancellor of the Exchequer what terms and conditions are imposed upon those accepting assistance under the Enterprise Finance Guarantee Scheme; and if he will arrange for these terms and conditions to be published on the Business Link website. (266163)

[holding answer 24 March 2009]: I have been asked to reply.

Information on the Enterprise Finance Guarantee including the eligibility criteria and the premium rate, together with other help for businesses under the Real Help package are already published on the website. Specific terms and conditions are a matter for each participating lender in discussion with each borrower and as such are confidential to those parties.