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Anglian Country Inns
Success Story
Having failed to secure vital working capital before the COVID-19 pandemic, the subsequent closure of hospitality businesses as a result of the outbreak hit Anglian Country Inns’ finances even harder. However, by applying for funding via the Coronavirus Business Interruption Loan Scheme (CBILS) , […]
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British Patient Capital makes £20m cornerstone commitment to ETF Partners’ latest fund
Press release
British Patient Capital makes £20m cornerstone commitment to ETF Partners’ latest fund Press release 10 July 2020 London: British Patient Capital, a subsidiary of the British Business Bank, has made a £20m cornerstone commitment to ETF Partners’ third fund as it announces its £167m close today. […]
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British Business Investments announces a commitment of up to €120m to LGT Capital Partners funds
Press release
British Business Investments announces a commitment of up to €120m to LGT Capital Partners funds Press release 09 July 2020 British Business Investments Ltd, a commercial subsidiary of the British Business Bank, announces today the third commitment through its £500m Managed Funds Programme. The […]
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New Lenders accredited to British Business Bank Coronavirus Business Loan Schemes
Press release
New Lenders accredited to British Business Bank Coronavirus Business Loan Schemes Press release 08 July 2020 Funding Circle accredited to Bounce Back Loan Scheme (BBLS) Maven Capital Partners and Satago to join nearly 100 existing CBILS accredited lenders Today the British Business Bank has […]
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British Business Bank Business Support Schemes Deliver £45bn of Loans to Smaller Businesses Including 1 Million Bounce Back Loans
Press release
British Business Bank Business Support Schemes Deliver £45bn of Loans to Smaller Businesses Including 1 Million Bounce Back Loans Press release 07 July 2020 £30.9bn Bounce Back Loan Scheme £11.5bn Coronavirus Business Interruption Loan Scheme £2.5bn Coronavirus Larger Business Interruption Loan […]
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Cambridge Rapid
Success Story
Suffolk-based precision metal manufacturers Cambridge Rapid had invested much of its working capital in new premises and machinery when COVID-19 forced many businesses to close. A loan via the Coronavirus Business Interruption Loan Scheme (CBILS) gave the company a crucial lifeline, enabling it to […]
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British Patient Capital makes €57m cornerstone commitment to Kennet’s latest growth fund
Press release
British Patient Capital makes €57m cornerstone commitment to Kennet’s latest growth fund Press release 02 July 2020 2 nd July 2020, London: British Patient Capital, a subsidiary of the British Business Bank, has made a cornerstone commitment to Kennet’s fifth fund as it announces its €223m ($250m) […]
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New Lenders accredited to British Business Bank Coronavirus Business Loan Schemes
Press release
New Lenders accredited to British Business Bank Coronavirus Business Loan Schemes Press release 01 July 2020 365 Business Finance, FOLK2FOLK, Handelsbanken, LendingCrowd, Maxxia, and Nucleus Commercial Finance to join over 90 existing CBILS accredited lenders Close Brothers, ThinCats and HSBC Bank […]
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British Business Bank Business Support Schemes deliver over £42bn of Loans to more than 1,000,000 smaller businesses
Press release
British Business Bank Business Support Schemes deliver over £42bn of Loans to more than 1,000,000 smaller businesses Press release 30 June 2020 £29.5bn Bounce Back Loan Scheme £11bn Coronavirus Business Interruption Loan Scheme £2.3bn Coronavirus Larger Business Interruption Loan Scheme £320m […]
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Future Fund extended to UK Companies from Accelerator Programmes outside the UK
Press release
Future Fund extended to UK Companies from Accelerator Programmes outside the UK Press release 30 June 2020 The Chancellor of the Exchequer today announced that the Future Fund is being expanded to accommodate businesses that contribute significantly to the UK economy, but do not have their parent […]