News

29 August 2017

British Business Bank launches first £120m tranche of Midlands Engine Investment Fund

Fund launched alongside new report on state of Midlands economy Report highlights potential of Midlands’ smaller businesses to drive regional growth  The British Business Bank has today announced the first wave of its £250m Midlands Engine Investment Fund, with the launch of £120million worth of SME debt finance, in a move designed to provide greater […]

11 August 2017

Match-making service for small businesses looking for finance pays out £4m

Over the past 9 months, 230 small businesses from beauticians to forklift truck training companies, which were rejected for finance by some of the UK’s biggest banks, have received £3.8m from alternative lenders. The government-backed bank referral scheme, launched in November 2016, requires 9 of the UK’s biggest banks to pass on the details of small […]

3 August 2017

British Business Bank Investments Ltd commits €40 million in first closing for Harbert European Growth Capital Fund II.

This second European Growth Capital Fund will allow Harbert to expand its lending of venture debt finance to fast growing, innovative, technology-focused SMEs – particularly those backed by venture capital firms. The funding is being provided under British Business Bank Investment Ltd’s Investment Programme, which has so far committed over £615m to providers of finance […]