Tag Archives: British Business Bank

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 […]

British Business Bank Expands CBIL Panel – But Is Money Getting Through?

The British Business Bank announces that it has approved four new lenders for accreditation under the Coronavirus Business Interruption Loan Scheme (CBILS), which provides financial support to smaller businesses (SMEs) across the UK that are losing revenue and seeing their cashflow disrupted, as a result of the Covid-19 outbreak. Good news. However… the information coming […]

British Business Bank Extends Saftey Net

The oscillations of the world’s equity markets are a good indicator of instability and uncertainty in the underlying economies. While we appreciate that this is hardly news, that instability may have an effect on the ability of small- and medium-sized companies to service funding debt of the kind facilitated on platforms like Money&Co.’s. For the […]

Bank Figures Highlight Relationship Between Risk, Access And Yield

Cliche, truism, hoary old chestnut? Take your pick, but the truth remains: there’s no profit without risk. We constantly stress the importance of understanding risk. It’s a precondition of lending – the attractive yields our lenders have achieved (over eight per cent across more than five years) comes at the price of the risk to […]