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Why we expect commitment to increasing diversity in venture capital
Press release
Why we expect commitment to increasing diversity in venture capital Press release 06 March 2020 By Catherine Lewis La Torre, CEO, British Patient Capital To mark International Women’s Day two years ago, I wrote about how different approaches from employers can lead to greater diversity while […]
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AskIf launches AskIf Funding, a lender accredited under the British Business Bank’s Enterprise Finance Guarantee Scheme
Press release
AskIf launches AskIf Funding, a lender accredited under the British Business Bank’s Enterprise Finance Guarantee Scheme Press release 04 March 2020 AskIf Funding (Series 2019-1) Limited (“AskIf Funding”) has been accredited as a lender for the term loan variant of the Enterprise Finance Guarantee […]
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Growth in small businesses using alternative finance continues, while gross bank lending flatlines, finds British Business Bank research
Press release
Growth in small businesses using alternative finance continues, while gross bank lending flatlines, finds British Business Bank research Press release 27 February 2020 Asset finance up 32%, equity finance up 131%, marketplace business lending up 374% since 2014 Gross lending from the major banks to […]
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British Patient Capital commits $50m to Atomico V
Press release
British Patient Capital commits $50m to Atomico V Press release 18 February 2020 British Patient Capital, a subsidiary of the British Business Bank, has committed $50m to Atomico’s fifth fund, as Atomico announces its final close today at $820m. The Fund will invest primarily at Series A, backing […]
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Cumbria Crystal
Success Story
From a Start Up Loan to a £900,000 Crowdfunding round, Cornerstone is growing and has used finance to do it. Cornerstone has gone through the finance mill, kicking things off with a Start Up Loan then Angel Funding in 2013/14, before raising nearly £1m through Crowdfunding in 2015. Now it boasts […]
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British Patient Capital Commits £25m to Oxx Fund I*
Press release
British Patient Capital Commits £25m to Oxx Fund I* Press release 11 February 2020 British Patient Capital, a commercial subsidiary of the British Business Bank, has provided a £25m cornerstone commitment to Oxx Fund 1, as the Fund closes at £63.3m. The Fund will focus on the most promising SaaS […]
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British Business Investments commits £50m to fund targeting North and Midlands based businesses
Press release
British Business Investments commits £50m to fund targeting North and Midlands based businesses Press release 04 February 2020 British Business Investments, a commercial subsidiary of the British Business Bank, has announced a commitment of £50m to Tosca Debt Capital’s (TDC) third fund (‘Fund III’) […]
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Small Business Finance Markets Update, January 2020
Press release
Small Business Finance Markets Update, January 2020 Press release 29 January 2020 The quarterly Markets Update provides an overview of key developments in SME finance markets. It draws on the latest evidence on the use of external finance by smaller businesses in the UK. This covers a wide range of […]
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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
Barclays Corporate Banking launches largest ever loan cashback scheme to boost UK SME investment, supported by British Business Bank Press release 28 January 2020 Barclays Corporate Banking has today announced the launch of a new cashback scheme for term loans to eligible SME borrowers in the UK. […]
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£40 million unlocked for Midlands’ businesses as MEIF reveals new loan fund
Press release
£40 million unlocked for Midlands’ businesses as MEIF reveals new loan fund Press release 28 January 2020 Midlands Engine Investment Fund launches new loan fund The FSE Group appointed to manage £40 million of debt finance Fund to address regional demand for alternative debt finance options The […]