22 November 2013

More small businesses benefiting as British Business Bank lending scheme hits 3 year high

  Small and medium-sized enterprises (SMEs) are increasingly able to secure bank loans supported by the government-backed Enterprise Finance Guarantee (EFG), as lending under the scheme reached its highest level since 2010. Enterprise Finance Guarantee (EFG) scheme lending figures, published today (22 November 2013), show banks offered loans worth £111 million to SMEs in the […]

6 November 2013

First commitments from British Business Bank’s Investment Programme to unlock £125m for smaller businesses

*£30m invested through Praesidian Capital Europe * *£15m invested through BMS Finance* *70 Expressions of Interest received since launch of £300m Investment Programme*   The first commitments totalling £45 million have today been announced from the British Business Bank’s £300m Investment Programme. £30 million of funding is to be committed to a Fund advised by Praesidian […]