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British Business Bank support schemes deliver almost £62bn of loans to smaller businesses
Press release
British Business Bank support schemes deliver almost £62bn of loans to smaller businesses Press release 22 October 2020 £40.2bn Bounce Back Loan Scheme £17.2bn Coronavirus Business Interruption Loan Scheme £4.6bn Coronavirus Larger Business Interruption Loan Scheme £771m Future Fund Today the […]
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Future Fund publishes diversity data of companies receiving convertible loan agreements
Press release
Future Fund publishes diversity data of companies receiving convertible loan agreements Press release 20 October 2020 £770.8m worth of convertible loans approved for 745 companies 42% of funding to companies outside London worth £320.6m 81% of funding to mixed gender senior management teams 61% of […]
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Entrepreneurs from ethnic minority backgrounds experience substantially worse business outcomes than white entrepreneurs
Press release
Entrepreneurs from ethnic minority backgrounds experience substantially worse business outcomes than white entrepreneurs Press release 20 October 2020 Black entrepreneurs report lower turnover and profit than White entrepreneurs, and many fewer meet their business aspirations Black female business […]
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Big Atom
Success Story
Success Story 19 October 2020 Region/Nation North West Programme Future Fund What do you do when nearly three-quarters of your customers close overnight? How do you maintain operations in those conditions? Accessing the Future Fund has helped this recycling and clean-tech company stay on track with […]
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Bockatech
Success Story
As a young company, Bockatech needed cash to develop its technology and grow its business but worried that COVID-19 would hamper its ability to raise finance through private investors. Using the Future Fund has instead allowed the company to keep its projects going and take advantage of new […]
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Marwell Wildlife
Success Story
Success Story 19 October 2020 Region/Nation South East Programme Coronavirus Business Interruption Loan Scheme (CBILS) Partner Read related posts from NatWest Marwell Wildlife was forced to close its zoo when the Government implemented the shutdown to fight COVID-19. With no visitors paying to […]
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Dealing with debt
Knowledge
Dealing with debt If your business is having difficulty with debt, there are various things you can do to make yourself more resilient. Guide to managing business debt We've designed this guide to provide impartial information to help businesses through survival and onto recovery, helping them […]
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Managing bankruptcy
Knowledge
Managing bankruptcy Failing to keep on top of your business' debt can eventually lead to your bankruptcy and the business having to close. As individual circumstances will vary, it's best to use this article on bankruptcy as general information only. Seek expert advice from one of the organisations […]
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British Business Bank commissioned to convene a Working Group on Access to Capital for Entrepreneurs to feed into the Prime Minister’s Commission on Race and Ethnic Disparities
Press release
British Business Bank commissioned to convene a Working Group on Access to Capital for Entrepreneurs to feed into the Prime Minister’s Commission on Race and Ethnic Disparities Press release 16 October 2020 The British Business Bank, the UK’s economic development bank, has been commissioned by […]
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Regional analysis of Coronavirus loan schemes shows continued even distribution across the UK
Press release
Regional analysis of Coronavirus loan schemes shows continued even distribution across the UK Press release 15 October 2020 Data shows the distribution of loans offered tracks the business population of each region Wholesale & Retail sector shows highest usage relative to size of sector for both […]