Skip to main content

TRANSPARENCY FOR SME LENDING RATES

EDM (Early Day Motion) 1456: tabled on 11 May 2016

Tabled in the 2015-16 session.

This motion has been signed by 6 Members. It has not yet had any amendments submitted.

As this motion is using historical data, we may not have the record of the original ordering, in which case signatories are listed alphabetically.

Motion text

That this House acknowledges the value of small and medium-sized enterprises (SMEs) to the UK economy; notes that SMEs often have difficulty in securing fair and transparent lending rates; and calls on the Government to require lenders to provide an Annual Percentage Rate on any finance they offer so that SMEs can make informed choices.