British Business Bank's Growth Guarantee Scheme provided with additional capacity to support businesses affected by global tariff changes

The Council of Ministers today approved the Agreement activating the first tranche of the Avales Line to provide guaranteed financing to companies affected by the...

Funding Circle extends Bayview partnership with lending surpassing £1bn

Funding Circle is expanding its partnership with US-based Bayview Asset Management for its term lending product, taking the total funding provided by the investment manager via the UK platform to over £1bn. The two credit facilities will be backed by JP Morgan and Citi and are expected to enable thousands of small and medium-sized businesses […] The post Funding Circle extends Bayview partnership with lending surpassing £1bn appeared first on Al…

NPIF II invests £80m into Northern SMEs in first year

The Northern Powerhouse Investment Fund II (NPIF II) has successfully invested over £80m into over 200 small businesses across the North in its first year since launching. The £660m fund provides loans and equity finance options for smaller businesses in the North of England that might otherwise not receive investment.  Operated by the British Business Bank, the purpose of NPIF II is to break down barriers in access to finance by providing loans…

UK expands lending scheme to support small businesses hit by global tariffs - East Midlands Business Link

The UK Government has injected an additional £500 million into the British Business Bank’s Growth Guarantee Scheme, expanding the programme’s lending capacity to support small and medium-sized enterprises (SMEs) grappling with the financial impact of global tariff changes. The move brings the scheme’s total financing capacity to over £2.6 billion, delivered through around 50 accredited […]

UK expands lending scheme to support small businesses hit by global tariffs - Business Link Magazine

The UK Government has injected an additional £500 million into the British Business Bank’s Growth Guarantee Scheme, expanding the programme’s lending capacity to support small and medium-sized enterprises (SMEs) grappling with the financial impact of global tariff changes. The move brings the scheme’s total financing capacity to over £2.6 billion, delivered through around 50 accredited […]

Government announces support for businesses affected by global tariff changes

Announced by the Chancellor this week, the Growth Guarantee Scheme will provide approximately £500m of additional lending capacity to help more smaller businesses across the UK. The extra funding is aimed at smaller businesses that may need support with cashflow issues due to changes in global tariff rates. Delivered by the British Business Bank through around 50 accredited lenders, the Growth Guarantee Scheme has so far enabled £2.1bn of financ…