News

27 September 2021

ThinCats to provide up to £300 million additional funding for UK businesses through British Business Bank’s ENABLE Guarantee programme

ThinCats, a leading alternative lender, will utilise a guarantee provided by the British Business Bank’s ENABLE Guarantee programme to deploy significant new funding capital. Citi, a multinational investment bank and financial services corporation, will provide ThinCats with a senior warehouse facility. This, allied to the guarantee provided under ENABLE, will support ThinCats in its efforts […]

22 September 2021

British Business Bank managing £89bn of finance support to 1.77m businesses, up from £8bn in 2020, with an above target adjusted return of 14.6%

Catherine Lewis La Torre, CEO, British Business Bank, said: “Throughout 2020/21, in response to the pandemic the British Business Bank performed a role vital to the UK government, finance markets and the economy as a whole. “Our financial support to smaller businesses has increased by more than £80bn during the last financial year, and now […]