News

22 February 2017

£400m Fund launches for Northern SMEs

The British Business Bank’s recent Spotlight: The Northern Powerhouse Investment Fund publication reported that the North contributes £350bn per year in GDP – close to one fifth of the UK economy. The new fund aims to build on this foundation by providing smaller businesses with increased choice of funding and producing greater levels of investment […]

7 February 2017

Investment Plan for Europe: £30m for innovative UK businesses

This agreement will enable BBB to guarantee bank loans for innovative companies in the UK over the next two years with the support of a counter-guarantee provided by EIF and backed under Horizon 2020, the EU’s research and innovation programme. The agreement will assist SMEs that would otherwise not have had access to the finance […]

2 February 2017

Beechbrook Capital closes £150m UK SME Credit I and backs two more businesses

Beechbrook Capital UK SME Credit I, which backs small and medium-sized businesses in the UK with a turnover of between £10m and £100m and EBITDA of more than £1m, has attracted investors from across the UK, Continental Europe and North America. Nick Fenn, Beechbrook managing partner, commented: “We are delighted that investors continue to see […]