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Business: Government Assistance

Volume 497: debated on Wednesday 21 October 2009

To ask the Minister of State, Department for Business, Innovation and Skills what recent steps his Department has taken to assist (a) small, (b) medium-sized and (c) large businesses in Essex; and if he will make a statement. (280980)

To ask the Minister of State, Department for Business, Innovation and Skills (1) how many (a) start-up and (b) established businesses in each region had received assistance from each participating bank under the Enterprise Finance Guarantee Scheme on the latest date for which figures are available; (286233)

(2) when he plans to respond to question 286233, on the Enterprise Finance Guarantee Scheme, tabled on 8 July 2009.

The Enterprise Finance Guarantee was launched on 14 January. The tables provide details of the number and value of loans offered and drawn down by age of business for each region.

Number of loans offered

Region

Not known

0 to3 months

3 months to 1 year

1 to 2 years

2 to 3 years

3 to 4 years

4 to 5 years

Over 5 years

Total

East Midlands

38

27

19

26

29

11

181

331

East of England

2

76

33

45

37

28

38

287

546

London

2

66

39

35

38

37

35

293

545

North East

24

8

14

19

10

10

80

165

North West

1

78

44

33

37

40

46

208

487

Northern Ireland

5

2

3

4

4

2

24

44

Scotland

69

18

21

17

19

19

150

313

South East

1

74

42

45

36

48

40

390

676

South West

3

55

32

42

42

43

46

274

537

Wales

1

44

10

16

17

12

13

121

234

West Midlands

2

64

25

32

36

27

30

228

444

Yorkshire and the Humber

2

52

26

17

13

19

18

134

281

Total

14

645

306

322

322

316

308

2,370

4,603

Value of loans offered

£ million

Region

Not known

0 to3 months

3 months to 1 year

1 to 2 years

2 to 3 years

3 to 4 years

4 to 5 years

Over 5 years

Total

East Midlands

2.98

1.79

1.00

2.87

1.47

1.74

24.34

36.18

East of England

0.22

4.64

0.92

2.35

3.32

1.82

3.69

30.21

47.16

London

0.41

5.02

2.80

3.30

2.60

3.36

3.14

39.60

60.22

North East

1.79

0.61

0.72

1.60

0.51

0.59

10.15

15.98

North West

0.25

4.83

3.04

2.05

2.65

4.25

6.16

23.84

47.08

Northern Ireland

0.88

0.14

0.37

1.11

0.10

0.25

5.70

8.55

Scotland

3.48

1.17

1.25

1.58

2.60

2.07

29.02

41.16

South East

0.10

5.81

3.12

3.10

3.75

3.53

3.38

45.09

8.55

South West

0.13

2.77

2.50

2.03

2.25

2.21

3.56

32.61

41.16

Wales

0.03

2.57

0.60

1.35

0.71

0.66

1.12

10.89

67.89

West Midlands

0.24

4.62

1.26

3.01

3.13

1.47

1.81

26.40

48.06

Yorkshire and the Humber

1.17

2.90

2.34

1.18

1.04

1.33

1.82

17.89

29.68

Total

2.55

42.29

20.27

21.73

26.61

23.30

29.33

295.74

461.82

Number of loans drawn

Region

Not known

0 to 3 months

3 months to 1 year

1 to 2 years

2 to 3 years

3 to 4 years

4 to 5 years

Over 5 years

Total

East Midlands

29

20

16

20

20

6

137

248

East of England

2

55

28

37

29

20

29

217

417

London

2

50

31

27

24

28

23

211

396

North East

17

5

12

15

6

10

61

126

North West

1

62

38

28

33

35

42

175

414

Northern Ireland

4

2

2

4

1

15

28

Scotland

54

12

17

14

17

17

124

255

South East

1

57

37

37

25

42

28

294

521

South West

2

39

26

31

37

37

37

213

422

Wales

1

29

7

14

15

8

10

86

170

West Midlands

1

49

19

27

30

22

23

170

341

Yorkshire and the Humber

1

44

23

14

12

17

14

95

220

Total

11

489

248

262

258

252

240

1,798

3,558

Value of loans drawn

£ million

Region

Not known

0 to 3 months

3 months to 1 year

1 to 2 years

2 to 3 years

3 to 4 years

4 to 5 years

Over 5 years

Total

East Midlands

2.38

1.51

0.72

2.02

1.02

0.91

17.64

26.22

East of England

0.22

2.71

0.79

2.09

2.91

1.36

3.39

23.13

36.60

London

0.41

3.43

2.01

2.37

1.47

2.37

2.48

26.89

41.43

North East

1.05

0.47

0.65

1.24

0.35

0.59

6.55

10.90

North West

0.25

3.99

2.77

1.89

2.32

3.49

5.54

20.65

40.90

Northern Ireland

0.81

0.14

0.28

1.11

0.02

3.24

5.59

Scotland

3.02

0.83

1.15

0.99

2.46

1.87

22.43

32.75

South East

0.10

3.88

2.83

2.67

2.30

3.13

2.07

32.82

50.81

South West

0.07

2.12

2.10

1.32

1.99

1.95

2.37

22.56

34.48

Wales

0.03

1.71

0.41

0.85

0.60

0.34

0.73

6.85

11.53

West Midlands

0.06

3.37

0.84

2.74

1.88

1.17

1.49

19.26

30.80

Yorkshire and the Humber

0.59

2.38

1.66

1.01

0.92

1.17

1.40

12.63

21.75

Total

1.71

30.83

16.39

17.72

19.75

18.80

22.88

215.64

343.73