Business: Rural Areas
The question
To ask the Secretary of State for Business and Trade, what assessment he has made of the potential impact of access to capital from the British Business Bank on rural businesses.
Answered by Gareth Thomas
The British Business Bank’s programmes are designed to support businesses across the UK, including in rural areas, to access the finance they need to invest and thrive. Start Up Loans have been issued to new businesses in every UK parliamentary constituency, while the Nations and Regions Investment Funds provide debt and equity finance to businesses in both rural and urban areas outside London and the South East.
ENABLE transactions with the likes of Oxbury Bank are helping more rural and agricultural businesses to access lending tailored to their needs.
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