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Stewart Hosie: To ask the Minister of State, Department for Business, Innovation and Skills when the Working Capital Scheme began operation; and how much funding has been provided under the scheme. 
We have signed £1 billion of guarantees with RBS and Lloyds for portfolios of £2 billion. The financing for businesses it releases has already started from 1 March as a result of the lending agreements based on the Asset Protection Scheme and WCS. We will be allocating from the £10 billion WCS, guarantees for trade credit insurance in response to the constraint to working capital arising from withdrawal of trade credit insurance. We will also be consulting on the viability of using some of these guarantees for letters of credit and other forms of export finance which are also possible areas of constraint for working capital.