15 July 2020
Bank of India joins over 100 existing CBILS accredited lenders Silicon Valley Bank accredited under CLBILS Today the British Business Bank has announced that it has accredited the Bank of India under the Coronavirus Business Interruption Loan Scheme (CBILS), and Silicon Valley Bank under the Coronavirus Large Business Interruption Loan Scheme (CLBILS). New CBILS lender […]
14 July 2020
£31.7bn Bounce Back Loan Scheme £11.8bn Coronavirus Business Interruption Loan Scheme £2.7bn Coronavirus Larger Business Interruption Loan Scheme £419m Future Fund Today the government published new statistics that show businesses across the UK have to date benefitted from 1,102,561 government-guaranteed loans worth £46.3bn to support their cashflow during the crisis through schemes delivered by […]
8 July 2020
Funding Circle accredited to Bounce Back Loan Scheme (BBLS) Maven Capital Partners and Satago to join nearly 100 existing CBILS accredited lenders Today the British Business Bank has announced that it has approved Funding Circle for accreditation to the Bounce Back Loan Scheme (BBLS), and Maven Capital Partners and Satago for accreditation under the Coronavirus […]
7 July 2020
Today the government published new statistics that show businesses across the UK have to date benefitted from 1,067,340 government-guaranteed loans worth £45bn to support their cashflow during the crisis through schemes delivered by the British Business Bank. This includes 1,013,410 Bounce Back Loans worth £30.93 billion, 53,536 loans worth over £11 billion through the Coronavirus […]
1 July 2020
365 Business Finance, FOLK2FOLK, Handelsbanken, LendingCrowd, Maxxia, and Nucleus Commercial Finance to join over 90 existing CBILS accredited lenders Close Brothers, ThinCats and HSBC Bank plc accredited under CLBILS Coutts and Arbuthnot Latham accredited to Bounce Back Loan Scheme (BBLS) Today the British Business Bank has announced that it has approved six new lenders for […]
30 June 2020
£29.5bn Bounce Back Loan Scheme £11bn Coronavirus Business Interruption Loan Scheme £2.3bn Coronavirus Larger Business Interruption Loan Scheme £320m Future Fund Today the government published new statistics that show businesses across the UK have to date benefitted from 1,019,955 government-guaranteed loans, worth £42.91bn, to support their cashflow during the crisis, through schemes delivered by […]
30 June 2020
The Chancellor of the Exchequer today announced that the Future Fund is being expanded to accommodate businesses that contribute significantly to the UK economy, but do not have their parent company based in the UK because they participated in a non-UK based accelerator programme. Accelerators are open and competitive programmes which are designed to select […]
25 June 2020
Value of total equity investment in UK’s smaller businesses rose 24% to £8.5bn Growth stage deals are the primary driver of increased investment Early signs of market softening before emergence of Covid-19 British Business Bank programmes supported 11% of all UK equity deals Equity investment in the UK’s tech businesses increased by 27% in 2019 […]
24 June 2020
Previse has today been approved for accreditation by the British Business Bank under the Coronavirus Business Interruption Loan Scheme (CBILS). New CBILS lender Previse will be able to provide financial support to smaller businesses across the UK that are losing revenue and seeing their cashflow disrupted, as a result of the Covid-19 outbreak. Following their […]
23 June 2020
£28bn Bounce Back Loan Scheme £10.5bn Coronavirus Business Interruption Loan Scheme £2.1bn Coronavirus Larger Business Interruption Loan Scheme £236m Future Fund Today the government published new statistics that show 972,026 businesses across the UK have to date benefitted from £40.72 billion in loans and guarantees to support their cashflow during the crisis through schemes […]