To ask the Secretary of State for Business, Enterprise and Regulatory Reform what plans he has to provide loans to small and medium sized enterprises which are construction companies to assist them in meeting the capital costs associated with high energy-efficiency construction projects.
BERR has no plans to develop loan funds targeted specifically at construction sectors delivering energy-efficiency projects.
Small and medium size businesses operating in construction and energy sectors are already eligible for the Small Firms Loan Guarantee (SFLG), subject to lenders normal lending criteria. This is the Government's principal debt finance instrument, managed as part of BERR's strategy to help businesses to be able to access finance they need. In the Financial Year 2006-07 almost 5 per cent. of the overall distribution of SFLG lending went to businesses operating across construction sectors.