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Investment Fund for Scotland prescribes first loan to wellbeing clinic
Press release
Investment Fund for Scotland prescribes first loan to wellbeing clinic Press release 09 April 2024 A clinic specialising in neurotechnology – a form of cutting-edge wellbeing therapy – has become one of the first businesses to benefit from funding through the British Business Bank’s Investment Fund […]
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First deal announced for £70m Investment Fund for Northern Ireland
Press release
First deal announced for £70m Investment Fund for Northern Ireland Press release 09 April 2024 Whiterock facilitates £100k loan for The Bucks Head Inn in Dundrum. The British Business Bank has announced the first deal from the Investment Fund for Northern Ireland after fund manager, Whiterock, […]
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Future Fund FAQs
Future Fund FAQs About the Future Fund Are any terms of the CLA negotiable? The form of the CLA is a fixed, standard form document. However, certain terms of the CLA, including the interest rate, conversion discount, headroom amount and valuation cap are negotiable between the Investors (other than […]
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Enterprise Finance Guarantee (EFG) FAQs
Enterprise Finance Guarantee – FAQs General How do I express an interest in the Scheme? Please complete the Expression of Interest document which can be found on our website. We are an unsecured lender but we take personal guarantees, is this eligible? For the purpose of the EFG Scheme personal […]
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Coronavirus Large Business Interruption Loan Scheme (CLBILS) FAQs
FAQs for SMEs Coronavirus Business Interruption Loan Scheme (CBILS) - FAQs About the Coronavirus Business Interruption Loan Scheme (CBILS) How do I apply? CBILS is available through the British Business Bank’s accredited lenders, which are listed on the British Business Bank website . In the first […]
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Coronavirus Business Interruption Loan Scheme (CBILS) FAQs
Coronavirus Business Interruption Loan Scheme (CBILS) - FAQs About the Coronavirus Business Interruption Loan Scheme (CBILS) How do I apply? CBILS is available through the British Business Bank’s accredited lenders, which are listed on the British Business Bank website . In the first instance, you […]
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Tribunal – Covid-19 loan schemes and borrower names FAQs
Covid-19 loan schemes and borrower names - Tribunal - FAQ General What information has been requested? British Business Bank has received requests for the disclosure of the names of borrowers who have received loans under any of the Bounce Back Loan Scheme, the Coronavirus Business Interruption […]
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Bank referrals to designated finance platforms FAQs
Finance platform referrals About finance platform referrals Do I have to provide further information to the platforms? Typically, the information provided by your bank would not be sufficient to enable another lender to undertake a credit assessment. The platform aims to provide you with a funding […]
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Investing in Women Code FAQs
Investing in Women Code - Frequently asked questions About the Code How many signatories are there? As of November 2023, there are 240 signatories to the Code. What does the Code aim to achieve? The Alison Rose Review of Female Entrepreneurship was published in March 2019, and highlighted the stark […]
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Bounce Back Loan Scheme (BBLS) FAQs
FAQs for Small Businesses About the Bounce Back Loan Scheme Am I eligible? (updated 09 November 2020) The Scheme is open to most businesses, regardless of turnover, who meet the eligibility criteria and who were established on or before 1 March 2020 Read footnote text 1 . Borrowers are required to […]