News

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 […]

22 July 2020

New lenders accredited to British Business Bank Coronavirus Business Loan Schemes

Fiduciam to join over 100 existing CBILS accredited lenders BBVA accredited under CLBILS Today the British Business Bank has announced that it has approved Fiduciam for accreditation under the Coronavirus Business Interruption Loan Scheme (CBILS), and accredited BBVA under the Coronavirus Large Business Interruption Loan Scheme (CLBILS). New CBILS lender Fiduciam will be able to […]

16 July 2020

Changes to EU State Aid Undertaking in Difficulty test increases access to the Coronavirus Business Interruption Loan Scheme for smaller businesses

Following the recent EU changes in State Aid Law relating to the ‘undertaking in difficulty’ test for businesses, the British Business Bank has amended its Coronavirus Business Interruption Loan Scheme. The amendment means that smaller businesses with fewer than 50 employees and less than £9,000,000 in annual turnover and/or annual balance sheet will not be […]

15 July 2020

New lenders accredited to British Business Bank Coronavirus Business Loan Schemes

Bank of India joins over 100 existing CBILS accredited lenders Silicon Valley Bank accredited under CLBILS Today the British Business Bank has announced that it has accredited the Bank of India under the Coronavirus Business Interruption Loan Scheme (CBILS), and Silicon Valley Bank under the Coronavirus Large Business Interruption Loan Scheme (CLBILS). New CBILS lender […]

8 July 2020

New Lenders accredited to British Business Bank Coronavirus Business Loan Schemes

Funding Circle accredited to Bounce Back Loan Scheme (BBLS) Maven Capital Partners and Satago to join nearly 100 existing CBILS accredited lenders Today the British Business Bank has announced that it has approved Funding Circle for accreditation to the Bounce Back Loan Scheme (BBLS), and Maven Capital Partners and Satago for accreditation under the Coronavirus […]

1 July 2020

New Lenders accredited to British Business Bank Coronavirus Business Loan Schemes

365 Business Finance, FOLK2FOLK, Handelsbanken, LendingCrowd, Maxxia, and Nucleus Commercial Finance to join over 90 existing CBILS accredited lenders Close Brothers, ThinCats and HSBC Bank plc accredited under CLBILS Coutts and Arbuthnot Latham accredited to Bounce Back Loan Scheme (BBLS) Today the British Business Bank has announced that it has approved six new lenders for […]

22 June 2020

Epidarex Capital closes new £102 million UK Venture Fund to build successful Life Science Companies

• New UK fund cornerstoned by £50 million investment from the British Business Bank, through its Enterprise Capital Funds (ECF) programme • Epidarex Capital III UK LP will invest in new life science companies from emerging research hubs across the UK, including spinouts from highly regarded universities Epidarex Capital (“Epidarex”), a transatlantic life science venture […]

17 June 2020

New Lenders accredited to British Business Bank Coronavirus Business Loan Schemes

Investec accredited to Bounce Back Loan Scheme (BBLS) 4Syte, Asset Finance Partners, JCB Finance, Merchant Money, Sonovate and United Trust Bank to join almost 90 existing CBILS accredited lenders Today the British Business Bank has announced that it has approved one new lender for accreditation to the Bounce Back Loan Scheme (BBLS), and six new […]

10 June 2020

New Lenders accredited to British Business Bank Coronavirus Business Loan Schemes

Paragon Bank accredited to Bounce Back Loan Scheme (BBLS) Growth Lending, inFund, Invocap, NEL Fund Managers, Triple Point to join over 80 existing CBILS accredited lenders Greensill, Metro Bank, OakNorth Bank and Secure Trust Bank accredited under CLBILS Today the British Business Bank has announced that it has approved a new lender for accreditation to […]