Tag Archives: British Business Bank

British Business Bank Reports Thriving SME Market – Plus Loan Offer Latest

Whether a summer of discontent lies ahead or not, the immediate past has been pretty rosy for the small-business sector that Money&Co. and its cohorts serve. Our friends at Crowdfundinsider report: The British Business Bank has shared the results of its annual Small Business Equity Tracker and the numbers for 2021 appear pretty strong. The Equity Tracker uses data […]

Covid Loans Doing The Job – Plus Loan Offer Latest

When it comes to Covid-related business loans – the emergency measures rushed into place in March 2020 and later – there’s been a lot of analysis gifted with the benefit of twenty-twenty hindsight. Amid the rather hostile criticism that predominates, good news is being reported. Our friends at Altfi convey the latest: Now, new research […]

UK VCs Chase FinTech Chances – Plus Loan Offer Latest

The UK’s venture capital industry has been very active in investing in the FinTech sector – more so than its US counterpart, according to research (see below). Our friends at Finextra offer a report, but we’d add just a short comment: perhaps the relative strength of VCX interest may be partially accounted for by the […]

BBB Survey Shows £18 Billion Handed To Help Business Cope With Covid-19

We’re still wondering quite what’ been happening under cover of Covid-19 and its mutations. Our friends at P2P Finance News report on the latest survey from the British Business Bank: UK businesses received more than £18bn in private debt lending during 2018 and 2019, highlighting the significant role that the private debt market can play in […]

CBILS A Bright Spot In A Potentially Gloomy Envoironment

The overwhelming majority of media report indicate the existence of many problems (as yet not fully understood) regarding distribution and even fraud in the well-intentioned bounceback initiative from government. Here, apparently, is some good news from a separate, but arguably related sector. Business Desk reports: British Business Investments (BBI), a commercial subsidiary of the British […]

SME Funding Optimists: Badly Informed Pessimists?

“Despite economic uncertainty, angel investors are continuing to invest in early-stage businesses and are optimistic about the future, the British Business Bank has found.” Is this a realistic appraisal or something akin to the jingoistic drivel (eyes, shut, fingers in ears – it’s all fine) we’re being fed on the political front? Our friends at […]

Government SME Credit Scheme Opens For Business – Plus Loan Latest

Chancellor Rishi Sunak’s much-anticipated bounce-back loans scheme is open for applications as of yesterday. The SME Web has detail. Delivered exclusively by lenders accredited by the British Business Bank, the scheme, announced on April 27, specifically targets small and micro businesses in all sectors, providing loans from £2,000 up to 25 per cent of their […]