– Scottish Parliament written question – answered on 15th January 2010.

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Photo of Tavish Scott Tavish Scott Liberal Democrat

Question S3W-30517

To ask the Scottish Executive whether the formal guidelines it issues to applicants for grant aid under the Scotland Rural Development Programme include a requirement or recommendation that applicants’ bridging loan arrangements should be made with a commercial bank.

Photo of Richard Lochhead Richard Lochhead Scottish National Party

There is no specific recommendation or requirement in the guidance for the Rural Priorities element of the Scotland Rural Development Programme regarding the arrangements for any bridging loan that may be necessary.

Ultimately it is for applicants to provide adequate evidence that sufficient match funding is available to enable the project to go forward.

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No0 people think not

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