Question follow-through · 7122

Small Businesses: Loans

To ask the Secretary of State for Business and Trade, what assessment his Department has made of trends in the average time for SMEs to receive a decision on bank loan applications.

answeredDepartment for Business and Trade

About this written question

A written question asks a government minister for information in writing. Parliament publishes the question and any answer.

Answering body
Department for Business and Trade
Tabled
5 Jun 2026
Target answer date
9 Jun 2026
Answer
11 Jun 2026 · 6 calendar days after tabling

Elapsed calendar days describe the record timeline, not whether Parliament considers an answer on time.

More questions by this MP on Economy and business

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Recorded timeline

  1. 5 Jun 2026

    Question tabled

    To ask the Secretary of State for Business and Trade, what assessment his Department has made of trends in the average time for SMEs to receive a decision on bank loan applications.

  2. 9 Jun 2026

    Target answer date

    Date supplied by the official written-questions record.

  3. 11 Jun 2026

    Answer published

    The department does not currently collect information on trends in the average time for SMEs to receive a decision on bank loan applications. Last year, the Government’s call for evidence on small business access to finance found that the shift to digital...

Open official record

Official data retrieved 28 Sept 2026.

Later records

Possible follow-up questions

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Strong linkSame MP, department and exact heading

Small Businesses: Loans

15 Jun 2026 · To ask the Secretary of State for Business and Trade, further to the Answer of 11 June 2026 to Question 7122, if he will collect data on the average time for SMEs to receive a decision on bank loan applications.