British Business Bank programme: ENABLE Funding, Investment Programme and our other commercial investments
Funding Circle is a global small business loans platform, matching small businesses who want to borrow with investors who want to lend in the UK, US, Germany and the Netherlands. Since launching in 2010, investors across Funding Circle’s geographies – including more than 85,000 retail investors, banks, asset management companies, insurance companies, government-backed entities and funds – have lent over £5.6 billion to more than 56,000 businesses globally.*
Since March 2013 £165m has been lent directly to the small business ecosystem through Funding Circle via the British Business Bank’s Investment Programme and ENABLE Programme. Most recently, in 2018, British Business Bank announced a new commitment of up to £150m for lending to UK small businesses through Funding Circle, under the bank’s ENABLE Funding programme.
Full details can be found here:
*As at November 2018