British Business Bank

British Business Bank Boost Government-Backed Loans to Small Businesses
British Business Bank Boost Government-Backed Loans to Small Businesses
July 08, 2024  |  SMBs

The British Business Bank, the U.K. government’s economic development bank, has launched a new program designed to support access to finance for smaller U.K. businesses. The Growth...

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Looking Beyond The Biggest Banks For SMB Relief
Looking Beyond The Biggest Banks For SMB Relief
May 14, 2020  |  B2B Payments

The Paycheck Protection Program (PPP) has dealt some difficult lessons, even to the largest Main Street lenders, as financiers struggle to meet demand, seamlessly process...

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Funding Circle Halts Retail Investing To Focus On SMB Stimulus
Funding Circle Halts Retail Investing To Focus On SMB Stimulus
April 19, 2020  |  B2B Payments

Funding Circle has been given the go-ahead by the British Business Bank to distribute business loans to small- to medium-sized business (SMB) owners hurting because...

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Barclays, BBB Introduce Cashback Loans For UK SMBs
Barclays, BBB Introduce Cashback Loans For UK SMBs
January 28, 2020  |  B2B Payments

Barclays Corporate Banking is rolling out a unique term loan cashback program to eligible small to medium-sized business (SMB) borrowers in the U.K. in conjunction...

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Funding Circle Fund Reduces US Exposure
Funding Circle Fund Reduces US Exposure
July 16, 2018  |  B2B Payments

An investment vehicle operated by U.K. alternative finance platform Funding Circle is reportedly turning away from U.S. exposure and doubling down on local investment through...

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Barclays Entices SMB Investments With Cash Back Program
Barclays Entices SMB Investments With Cash Back Program
July 09, 2018  |  B2B Payments

U.K. bank Barclays is encouraging small businesses (SMBs) to invest in new equipment, machinery, vehicles and other assets through a new cash back program, according...

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Less Than 2 Percent Of UK SMBs Sought A Loan Last Year
Less Than 2 Percent Of UK SMBs Sought A Loan Last Year
February 21, 2018  |  B2B Payments

Lending to small businesses (SMBs) among top U.K. banks failed to grow last year, according to new data from the British Business Bank, which found...

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The Lines Are Blurring Between Alternative, Traditional SME Finance
The Lines Are Blurring Between Alternative, Traditional SME Finance
July 19, 2017  |  B2B Payments

Alternative lending has shifted from a competitor of traditional FIs to a collaborator, often lending a digital hand to banks in need of upgrading their...

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Funding Circle Gets British Business Bank Investment To Lend To Small Businesses
Funding Circle Gets British Business Bank Investment To Lend To Small Businesses
January 06, 2017  |  Investments

Funding Circle, the U.K.-based startup company that operates an online lending platform, has received an investment of £40 million from British Business Bank, the state-owned...

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