News

27 March 2018

Aldermore accredited under the British Business Bank’s Enterprise Finance Guarentee Programme

Aldermore, the specialist bank, has become an accredited provider under the British Business Bank’s Enterprise Finance Guarantee (EFG) Programme. The accreditation will enable Aldermore to increase its supply of asset finance to smaller businesses that are working successfully but struggling to obtain the finance they need for future growth. The new offering will initially be […]

27 March 2018

British Business Bank agrees facility with 1pm to provide £35m of additional funding to smaller UK businesses

The facility, made under the British Business Bank’s ENABLE programme, will enable 1pm plc to significantly expand its asset finance lending to businesses across the UK smaller business sector, primarily for those seeking “hard asset” finance (equipment with robust residual values after a period of use) through 1pm Group’s subsidiary Bradgate Business Finance Ltd. Bernie […]

16 March 2018

British Business Bank signs up to HM Treasury’s Women in Finance Charter

HM Treasury’s Women in Finance Charter asks financial services firms to commit to four industry actions to prepare their female talent for leadership positions. Over 200 firms have signed the Charter and over 650,000 employees in the UK are covered by its plan to tackle gender inequality in financial services. The Prime Minister, Theresa May […]

8 March 2018

Northern Powerhouse Investment Fund invests £31m in first year

Over 200 investments completed across 10 LEP areas Combined value of investments totalling £31 million An additional £32 million invested in local small businesses from the private sector The £400m Fund, which is supported by the European Regional Development Fund, HM Government and the European Investment Bank, was launched by the British Business Bank as […]