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British Business Bank publishes Reservation Notice and Ministerial Direction for the Bounce Back Loan Scheme
Press release
British Business Bank publishes Reservation Notice and Ministerial Direction for the Bounce Back Loan Scheme Press release 30 September 2020 Today, the British Business Bank (‘the Bank’) has published a Reservation Notice relating to the Bounce Back Loan Scheme. This Notice took the form of a […]
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British Business Bank confirms changes to ‘undertaking in difficulty’ guidance
Press release
British Business Bank confirms changes to ‘undertaking in difficulty’ guidance Press release 25 September 2020 From today, businesses applying for the Coronavirus Business Interruption Loan Scheme (CBILS) or Coronavirus Large Business Interruption Loan Scheme (CLBILS) will benefit from more […]
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Oliver Brown
Success Story
Success Story 24 September 2020 Region/Nation London Programme Coronavirus Business Interruption Loan Scheme (CBILS) Partner Read related posts from Arkle Finance Having dedicated funds to buying in stock for Royal Ascot 2020, London tailors Oliver Brown were left significantly short when the […]
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Coronavirus loan schemes and the Future Fund extended to 30 November 2020
Press release
Coronavirus loan schemes and the Future Fund extended to 30 November 2020 Press release 24 September 2020 The Chancellor of the Exchequer has today extended the government’s three Coronavirus business interruption loan schemes and the Future Fund. The extension aligns all the end dates of the […]
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Hot Stone London
Success Story
Success Story 24 September 2020 Region/Nation London Programme Coronavirus Business Interruption Loan Scheme (CBILS) Partner Read related posts from Arkle Finance Like all restaurants, Hot Stone London was ordered to close once coronavirus spread more widely throughout the UK. The business needed a […]
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British Business Bank Business support schemes deliver over £57bn of loans to smaller businesses
Press release
British Business Bank Business support schemes deliver over £57bn of loans to smaller businesses Press release 22 September 2020 £38bn Bounce Back Loan Scheme £15.5bn Coronavirus Business Interruption Loan Scheme £3.8bn Coronavirus Larger Business Interruption Loan Scheme £720m Future Fund Today […]
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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 22 September 2020 £720m worth of convertible loans approved for 711 companies 40% of funding to companies outside London worth £291.1m 82% of funding to mixed gender senior management teams 65% of […]
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British Patient Capital commits £20m to Kindred Capital’s second fund
Press release
British Patient Capital commits £20m to Kindred Capital’s second fund Press release 21 September 2020 British Patient Capital announces a commitment of £20m to Kindred Capital’s second fund as it announces its close today at £81m. With a strategy focused on making founder-led, high conviction […]
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YHA (England & Wales)
Success Story
Success Story 17 September 2020 Region/Nation East Midlands Programme Coronavirus Large Business Interruption Loan Scheme (CLBILS) Partner Read related posts from HSBC Government restrictions introduced in March meant YHA had to close its entire network of youth hostels to guests. To remain […]
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British Business Investments announces £30m Tier 2 investment in Shawbrook Bank as part of a £75 million capital raise
Press release
British Business Investments announces £30m Tier 2 investment in Shawbrook Bank as part of a £75 million capital raise Press release 17 September 2020 British Business Investments Ltd, a commercial subsidiary of the British Business Bank, today announces a new £30m subscription in specialist lender […]