questionText: To ask the Chancellor of the Exchequer, what information her Department holds on the highest rate of short-term lending to small and medium sized businesses in the UK.
answerText: Interest rates are a commercial matter decided by lenders, reflecting the base rate, the risk of the applicant, and a margin to make the loan commercially viable given the cost of underwriting and broader funding costs. Rates vary across the market and ev...
heading: Small Businesses: Loans