questionText: To ask the Secretary of State for Business and Trade, what data his Department holds on lending approval rates for SMEs applying for finance to invest in (a) technology, (b) commercial premises and (c) workforce training since 2022.
answerText: Earlier this year, DBT launched a call for evidence on access to finance to better understand the barriers that SMEs experience when applying for loans. However, currently available results from the SME Finance Monitor provides the following data on SMEs ...
heading: Small Businesses: Loans