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Question HL2898: tabled on 24 March 2020 and due for answer by 7 April 2020

This type of business sits within the Questions & Statements category.

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Question text

To ask Her Majesty's Government whether the guidelines issued to lenders participating in the Coronavirus Business Interruption Loans Scheme permit such lenders to require that an SME director pledge personal assets in order to receive a Government guarantee of 80 per cent on each loan; and what guidance has been issued to lenders on the terms of such lending.
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