TRANSPARENCY FOR SME LENDING RATES

Early day motion 1456, tabled 11 May 2016 by Helen Goodman (Labour). Signed by 6 members.

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.

Signatures by party: Labour 4, Conservative 1, Scottish National Party 1.