The British Business Bank is 100% Government owned, but independently managed. It brings expertise and Government money to the smaller business finance markets.
They don’t lend or invest directly. Instead they work with over 100 partners such as banks, leasing companies, venture capital funds and web-based platforms. Businesses can apply for finance through their partner networks, meaning they can lend and invest more, especially to younger and faster growing companies.
With more than 100 finance partners in the market, the British Business Bank offer greater choice and information on finance options to smaller businesses.
The programmes benefit smaller businesses that are start-ups, high growth, or simply viable but underfunded. They have a commercial arm, British Business Investments Ltd, which makes investments into providers of finance to smaller business in the UK.