Culture and Sports: Loans
The question
To ask the Secretary of State for Culture, Media and Sport, whether her Department is restructuring loans issued under the (a) Culture Recovery Fund, (b) Sport Survival Package and (c) Rugby Football League Loan Scheme.
Answered by Stephanie Peacock
The Department of Culture, Media and Sport (DCMS) assesses any loan reprofiling requests on a case by case basis, working alongside our Loan Agents, who continuously monitor the financial performance of borrowers. Requests will be considered where borrowers demonstrate evidence of need and have exhausted other funding routes. The Department has reprofiled individual loans of fewer than five borrowers (<5%) under the Culture Recovery Fund, Sport Survival Package and Rugby Football League Loan Scheme.
DCMS is not able to comment on specific cases.
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