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1pm accredited under the Coronavirus Business Interruption Loan Scheme (CBILS)
Press release
1pm accredited under the Coronavirus Business Interruption Loan Scheme (CBILS) Press release 05 May 2020 1pm plc, the AIM listed independent specialist provider of finance facilities to UK SMEs, has today been approved for accreditation by the British Business Bank under the Coronavirus Business […]
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New Bounce Back Loan Scheme opens for smallest UK Businesses
Press release
New Bounce Back Loan Scheme opens for smallest UK Businesses Press release 04 May 2020 Lenders under scheme can provide loans of up to £50k over six years First 12 months of interest paid by government, then 2.5% pa interest Repayments deferred for 12 months Simple, standardised application form to […]
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British Business Bank announces four new lenders under the Coronavirus Business Interruption Loan Scheme
Press release
British Business Bank announces four new lenders under the Coronavirus Business Interruption Loan Scheme Press release 27 April 2020 Allied Irish Bank (GB)/AIB (NI), ThinCats, Paragon Bank and IGF to join 48 existing CBILS accredited lenders 10 lenders also accredited through Coronavirus Large […]
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British Business Investments commits £10m to Startup Funding Club
Press release
British Business Investments commits £10m to Startup Funding Club Press release 23 April 2020 British Business Investments commitment will be used to deliver almost £40m of new funding SFC will deploy commitment to over 100 early stage businesses SFC has already completed investment of £5m into 28 […]
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New Future Fund to support innovative UK businesses
Press release
New Future Fund to support innovative UK businesses Press release 20 April 2020 The Chancellor of the Exchequer today announced he is to establish a new Future Fund to support the UK’s innovative businesses currently affected by Covid-19. These businesses have been unable to access other government […]
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Funding Circle accredited under the Coronavirus Business Interruption Loan Scheme (“CBILS”)
Press release
Funding Circle accredited under the Coronavirus Business Interruption Loan Scheme (“CBILS”) Press release 17 April 2020 Funding Circle becomes the first newly accredited marketplace lending platform under CBILS Funding Circle, the small business loans platform, has today been approved for […]
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British Business Investments and Par Equity to deliver £75m of investment to support ambitious entrepreneurs in the regions
Press release
British Business Investments and Par Equity to deliver £75m of investment to support ambitious entrepreneurs in the regions Press release 17 April 2020 British Business Investments, a commercial subsidiary of the British Business Bank, has announced a new £15m commitment to Par Equity as the latest […]
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Coronavirus Large Business Interruption Loan Scheme to open on Monday
Press release
Coronavirus Large Business Interruption Loan Scheme to open on Monday Press release 16 April 2020 Scheme targets businesses with a turnover of more than £45m Facilities available of up to £50m The Chancellor of the Exchequer today announced details of the Coronavirus Large Business Interruption […]
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British Business Bank announces new lenders under the Coronavirus Business Interruption Loan Scheme
Press release
British Business Bank announces new lenders under the Coronavirus Business Interruption Loan Scheme Press release 11 April 2020 The Co-operative Bank, Cynergy Bank, OakNorth Bank and Starling Bank to join 40+ existing accredited lenders Arkle Finance, Close Brothers and Secure Trust Bank, recently […]
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Coronavirus Business Interruption Loan Scheme expanded to benefit more smaller businesses across the UK
Press release
Coronavirus Business Interruption Loan Scheme expanded to benefit more smaller businesses across the UK Press release 02 April 2020 Personal guarantees cannot be taken for any facilities below £250k Insufficient security no longer a condition to access the scheme Personal guarantees may be required […]