News

26 August 2020

New lenders accredited to British Business Bank Coronavirus Business Interruption Loan Schemes

Conister accredited to Bounce Back Loan Scheme (BBLS) Bank of Ireland (UK) accredited under CLBILS Today the British Business Bank has announced that it has approved Conister for accreditation to the Bounce Back Loan Scheme (BBLS), and Bank of Ireland (UK) for accreditation under the Coronavirus Large Business Interruption Loan Scheme (CLBILS). Conister will join […]

19 August 2020

New Lenders Accredited to British Business Bank Coronavirus Business Interruption Loan Scheme

BLG Development Finance, Conister, RM Funds and Western Union Business Solutions accredited under CBILS Today the British Business Bank has announced that it has approved BLG Development Finance, Conister, RM Funds and Western Union Business Solutions for accreditation under the Coronavirus Business Interruption Loan Scheme (CBILS). These new CBILS lenders will be able to provide […]

18 August 2020

British Business Bank appoints CEO on an interim basis of commercial subsidiaries British Business Investments and British Patient Capital, along with new Chairs

Judith Hartley appointed CEO on an interim basis of British Business Investments and British Patient Capital Francis Small appointed Chair of British Business Investments Russ Cummings appointed Chair of British Patient Capital The British Business Bank has appointed Judith Hartley as CEO on an interim basis of the Bank’s two commercial subsidiaries, British Business Investments […]

18 August 2020

Future Fund publishes Diversity Data of companies receiving convertible loan agreements.

£588.3m worth of convertible loans approved for 590 companies 41% of funding to companies outside London worth £242.1m 82% of funding to mixed gender senior management teams 60% of funding to mixed ethnicity senior management teams Today the British Business Bank publishes Future Fund data that gives a detailed picture of the 590 companies that […]

18 August 2020

British Business Bank Business Support Schemes deliver over £52bn of loans to smaller businesses

£35.5bn Bounce Back Loan Scheme £13.7bn Coronavirus Business Interruption Loan Scheme £3.5bn Coronavirus Larger Business Interruption Loan Scheme £588m Future Fund   Today the government published new statistics that show businesses across the UK have to date benefitted from 1,235,779 government-guaranteed loans worth £52.7bn to support their cashflow during the crisis tough schemes delivered by […]

12 August 2020

New Lender Accredited to British Business Bank Coronavirus Business Interruption Loan Scheme

Simply accredited under CBILS Today the British Business Bank has announced that it has approved Simply for accreditation under the Coronavirus Business Interruption Loan Scheme (CBILS). This new CBILS lender will be able to provide finance to smaller businesses with turnover of up to £45m that are suffering disruption to their cashflow due to lost […]

11 August 2020

British Business Bank Business Support Schemes deliver over £51bn of loans to smaller businesses

£35bn Bounce Back Loan Scheme £13.4bn Coronavirus Business Interruption Loan Scheme £3.4bn Coronavirus Larger Business Interruption Loan Scheme £562m Future Fund   Today the government published new statistics that show businesses across the UK have to date benefitted from 1,217,313 government-guaranteed loans worth £51.8bn to support their cashflow during the crisis through schemes delivered by […]

5 August 2020

New lenders accredited to British Business Bank Coronavirus Large Business Interruption Loan Scheme

Allied Irish Bank (GB)/AIB (NI), Investec Bank plc and Mercedes-Benz Financial Services UK Limited accredited under CLBILS Today the British Business Bank has announced that it has approved Allied Irish Bank (GB)/AIB (NI)[1], Investec Bank plc and Mercedes-Benz Financial Services UK Limited for accreditation under the Coronavirus Large Business Interruption Loan Scheme (CLBILS). These three […]

4 August 2020

British Business Bank Business Support Schemes deliver over £50bn of loans to smaller businesses

£34.3bn Bounce Back Loan Scheme £13.1bn Coronavirus Business Interruption Loan Scheme £3.3bn Coronavirus Larger Business Interruption Loan Scheme £534m Future Fund   Today the government published new statistics that show businesses across the UK have to date benefitted from 1,194,652 government-guaranteed loans worth £50.7bn to support their cashflow during the crisis through schemes delivered by […]