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      Latest News British Business Bank total financial capacity increased to £25.6bn

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2285 results found

  • Recovery Loan Scheme (iterations 1 & 2) Performance Data as at 30 June 2023

    21 August 2023 The British Business Bank launched the Recovery Loan Scheme (RLS) in April 2021, to support access to finance and growth for UK businesses as they steered a path towards a sustainable recovery following the Covid pandemic. This first iteration of the scheme was originally scheduled […]

  • Eos secures £10m commitment from British Business Investments

    Press release 21 August 2023

    Eos secures £10m commitment from British Business Investments Press release 21 August 2023 Eos Advisory LLP (“Eos”), an impact investment firm based in St Andrews, has announced that British Business Investments, a wholly-owned commercial subsidiary of the British Business Bank, will commit up to […]

  • Cynergy Bank secures £20m tier 2 capital facility from British Business Investments

    Press release 21 August 2023

    Cynergy Bank secures £20m tier 2 capital facility from British Business Investments Press release 21 August 2023 Cynergy Bank today announces that it has secured a £20 million Tier 2 capital facility from British Business Investments. The capital will be deployed across Cynergy Bank and Cynergy […]

  • British Business Bank agrees increase of £75m to ENABLE Guarantee with specialist commercial lender DF Capital

    Press release 18 August 2023

    British Business Bank agrees increase of £75m to ENABLE Guarantee with specialist commercial lender DF Capital Press release 18 August 2023 The British Business Bank has agreed a portfolio increase of £75m to specialist commercial lender DF Capital’s existing ENABLE Guarantee. This transaction […]

  • British Business Bank appoints Esi Eshun OBE as its new General Counsel and Company Secretary

    Press release 18 August 2023

    British Business Bank appoints Esi Eshun OBE as its new General Counsel and Company Secretary Press release 18 August 2023 The British Business Bank has appointed Esi Eshun OBE as its new General Counsel and Company Secretary, effective from November 2023. Esi joins the British Business Bank from […]

  • Common issues exporters face and how to overcome them

    Knowledge 11 August 2023

    What is a non-executive director? Exporting to new international markets  could be a valuable way to expand your business’ operations. The possibility of increased sales and healthier profit margins from new international markets could help you grow faster than if you traded your products or […]

  • VAT loans – what they are and how do you get one

    Knowledge 11 August 2023

    How Community Development Finance Institutions could support your business Although charging Value Added Tax (VAT) is a legal requirement for UK businesses with a  total taxable turnover of £90,000  a year or higher, it can still cause smaller businesses headaches when their VAT payment is due to […]

  • Benefits of Buy Now Pay Later payment schemes for SMEs

    Knowledge 11 August 2023

    Benefits of Buy Now Pay Later payment schemes for SMEs Buy Now Pay Later schemes (BNPL) could help businesses secure more sales . This guide outlines the benefits and the potential drawbacks to bear in mind. Buy Now Buy Later (BNPL) schemes, which allow customers to delay full payment for products […]

  • How to avoid invoice fraud

    Knowledge 09 August 2023

    What is a non-executive director? Invoice fraud continues to be one of the most common forms of fraud UK businesses face. Over £1.2bn was stolen from UK businesses through invoice fraud in 2022 according to data from UK Finance. Although the number of fraud cases against UK businesses has reduced […]

  • Hundreds of South West businesses express interest in the new £200m South West Investment Fund

    Press release 04 August 2023

    Hundreds of South West businesses express interest in the new £200m South West Investment Fund Press release 04 August 2023 More than 350 businesses from across the South West have already expressed their interest in the new £200 million South West Investment Fund (SWIF) just weeks after its […]

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    British Business Bank plc is a public limited company registered in England and Wales, registration number 08616013, registered office Steel City House, West Street, Sheffield, S1 2GQ. It is a development bank wholly owned by HM Government. British Business Bank plc and its subsidiaries are not banking institutions and do not operate as such. With the exception of BBB Investment Services Limited they are not authorised or regulated by the Prudential Regulation Authority or the Financial Conduct Authority. BBB Investment Services Limited is authorised and regulated by the Financial Conduct Authority. A complete legal structure chart for the group and details of the programmes operated by the relevant subsidiaries can be found at british-business-bank.co.uk.

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