Wholesale solutions – our ENABLE Programmes

We support lenders such as banks and non-bank financial institutions unlock more lending to smaller businesses.

We are open to working with all lenders, subject to our eligibility criteria, and can structure solutions for a wide range of lending products.

ENABLE Guarantees

The ENABLE Guarantee programme is designed to encourage additional lending to smaller businesses.

Participating institutions are incentivised by a government-backed portfolio guarantee to cover a portion of a designated lending portfolio’s net credit losses in excess of an agreed ‘first loss’ threshold, which they receive in exchange for a fee.

The ENABLE Guarantee programme is open to all UK banks, UK branches of foreign banks, asset and asset-based finance providers as well as certain other categories of lenders which lend, or intend to lend, to viable small and medium-sized enterprises operating in the UK. To find out more and express an interest in participating in a transaction please download our Request for Proposals.


At Spring Statement 2019, the Chancellor of the Exchequer announced that ENABLE Build, a new variant of the programme, would be launched in April 2019 to make available up to £1bn of guarantee support for smaller housebuilder finance. The British Business Bank will work with Homes England to deliver the new programme.

The ENABLE Build programme is open to UK incorporated banks and UK branches of overseas resident banks who provide development finance, or intend to provide development finance, to viable SMEs operating in the UK. To find out more and express an interest in participating in a transaction please download our Request for Proposals.

ENABLE Funding

In November 2014 we launched a new programme, ENABLE Funding, aimed at improving the provision of asset and lease finance to smaller UK businesses.

Providers of finance to smaller businesses often lack the scale required to access capital markets – a key source of funding for lending institutions – in a cost-efficient manner.

ENABLE Funding will warehouse newly-originated finance receivables from different originators – bringing them together into a new structure.

Once the structure has sufficient scale, it will refinance a portion of its funding on the capital markets. This means the British Business Bank can help small finance providers to tap institutional investors’ funds. If you provide asset or lease finance to smaller businesses or if you are a peer to peer lender that facilitates the provision of finance to smaller businesses and want to find out more, or express an interest in participating in ENABLE Funding, please download our Request for Proposals.

If you are a lender to smaller businesses and would like to find out more, please contact the British Business Bank wholesale team.

contact the team

ENABLE Guarantees performance

  • British Business Bank has committed guarantees for live portfolios of over £900m under its ENABLE Guarantee programme (as at end April 2019).
  • ENABLE Build, a new programme variant launched in April 2019, will develop further ENABLE’s capability to support SME housebuilders.

ENABLE Funding performance

  • British Business Bank has to date entered into eight transactions under its ENABLE Funding programme (as at end December 2018) and has committed more than £625m to smaller finance providers.
  • Since the first transaction in September 2015, the ENABLE Funding programme has supported lending to over 31,000 businesses (as at end March 2019).
  • In November 2016 we updated our ENABLE Funding Request for Proposals in order to open up the programme to peer-to-peer lenders that facilitate the provision of finance to smaller businesses.

The business finance guide - English version - guide to finance options The business finance guide - Welsh version - guide to finance options
The English and Welsh language editions of the Business Finance Guide are downloadable from the Guide’s dedicated website. This resource also contains videos and additional content about finance options, including equity finance.