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Blackpool-based business becomes recipient of the 30,000th Enterprise Finance Guarantee-backed facility as British Business Bank’s programme celebrates milestone
Press release
[…] due to having insufficient security to meet the lender’s normal credit requirements. The provision of over 30,000 facilities, at an […] Andy Johnson-Creek MHP Communications +44 20 3128 8589 bbb@mhpc.com Notes to editors About the British Business Bank The British […] finance providers to help make their application a success. The new site also features case studies and learnings from real businesses to […]
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Small Business Finance Markets Report 2024 – Factsheet
[…] 2023, growing from 41% in Q1 to 50% in Q3 , with greater reliance on credit cards (use is up from 12% of smaller businesses in Q1 to 20% in […] under pressure. Asset finance grew for the third year in a row, up to 26% higher in 2023 in real terms compared to 2014 . Interest rates […] sectors. UK VC investment in R&D intensive sectors represented 26% of GDP in 2019-21, compared to 0.44% in the US, a difference of 1.7 […]
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British Business Investments – Full year results for the period ending 31 March 2020
Press release
[…] In its sixth year of operation, cumulative commitments are up 26% year-on-year to over £2.5bn British Business Investments is […] capital of 5.6%. Due to valuation adjustments and additional expected credit loss provisions made in Q4 2019/20 as a result of COVID-19, the […] Business Bank team at MHP Communications +44 (0)20 3128 8589 bbb@mhpc.com Notes to editors About the British Business Investments British […]
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Government Future Fund to support innovative UK Companies announces Eligibility Criteria
Press release
[…] Business Bank team at MHP Communications +44 (0)20 3128 8589 bbb@mhpc.com Notes to editors Covid-19 Loan Schemes Bounce Back Loans Scheme […] are available from £1k to £5m, while term loan and revolving credit facilities are available from £50k to £5m (the lower limit for […] finance providers to help make their application a success. The new site also features case studies and learnings from real businesses to […]
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British Business Bank announces Haydock Finance as a new accredited partner for the Enterprise Finance Guarantee Asset Finance variant
Press release
[…] lender due to having inadequate security to meet the lender’s normal credit requirements. EFG provides the lender with a government-backed […] Andy Johnson-Creek MHP Communications +44 20 3128 8589 bbb@mhpc.com Notes to editors About County Finance Group Based in Lutterworth in […] finance providers to help make their application a success. The new site also features case studies and learnings from real businesses to […]
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Six new lenders accredited to British Business Bank Coronavirus Business Interruption Loan Scheme (CBILS)
Press release
[…] Loan Scheme (CBILS) Press release 20 May 2020 Bibby Financial Services, iwoca, Scania Financial Services, Triodos Bank UK, Ulster […] finance top-up facilities from £10k to £5m to businesses trading on credit terms throughout the UK. iwoca Term Loans / Overdrafts iwoca can […] finance providers to help make their application a success. The new site also features case studies and learnings from real businesses to […]
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Barclays Corporate Banking launches largest ever loan cashback scheme to boost UK SME investment, supported by British Business Bank
Press release
[…] Goward Barclays Media Relations 020 313 41722 eliot.goward@barclays.com Notes to editors The ENABLE Guarantee is provided to Barclays and […] and services across personal, corporate and investment banking, credit cards and wealth management, with a strong presence in our two […] finance providers to help make their application a success. The new site also features case studies and learnings from real businesses to […]
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Baa Bar
Report and publications
[…] down whilst retaining the quality of our product and standard of service. We consider opening times and days, menu revision, product […] went on to establish the Baa Bar Group, which at its height had 15 sites across the North of England. With over three decades of experience […] of all arrived on New Year 2023 when she was awarded an OBE for her services to hospitality in the King's New Year's Honours. As the sole […]
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Recovery Loan Scheme (iterations 1 & 2*) Performance Data as at 31 December 2022
[…] Outstanding balance (£m) Final amount (£m ) On Schedule 18,143 90.26% 3,275.74 — Arrears 425 2.11% 48.44 — Defaulted 349 1.74% 50.62 — […] cycle, so it is too soon to accurately assess levels of fraud and credit losses the terms of and the timing of the scheme may not be representative of the lenders’ risk appetites, their general loan credit quality, or their default experience given the size of the […]
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British Business Bank announces County Finance Group as third Accredited Partner for Enterprise Finance Guarantee Asset Finance Variant
Press release
[…] with additional security, therefore potentially enabling a ‘no’ credit decision from a lender to become a ‘yes’. Since its launch in […] finance providers to help make their application a success. The new site also features case studies and learnings from real businesses to […] Finance Guarantee is administered by British Business Financial Services Limited, a wholly owned subsidiary of British Business Bank […]