6 March 2019
Beechbrook’s UK SME Credit II supports small and medium-sized businesses in the UK with a turnover of between £10m and £100m and EBITDA of £1m and above. It will provide mainly senior secured loans to non-private equity-backed companies to support acquisitions, buy-outs, shareholder re-alignments, refinancings and general expansion plans. The Fund completed its first investment …
18 February 2019
British Business Investments is making the new commitment under its Investment Programme, which supports the development of more diverse debt finance markets for small and medium sized businesses. The commitment will provide ThinCats with additional capital to make term loans which will support the growth of businesses across the UK. ThinCats now has capital in …
29 October 2018
Patient Capital and Defined Contribution Pension Schemes Following our implementation of the recommendations of last year’s Patient Capital Review, the British Business Bank will chair a feasibility study to explore options for facilitating pooled investment in patient capital by large defined contribution pension schemes. This would be another important source of capital and would bolster …
23 October 2018
Key highlights for 2017-18 include: • A gross annual income of £76.2m generated, delivering a pre-tax profit of £67.9m – an increase of 23% on 2016/17 • A gross return on average capital employed for the year of 7.0%, or 6.2% net of costs, both ahead of benchmarks of 5.6% and 5.0% respectively • Supporting …
23 October 2018
Key highlights for 2017-18 include: • A gross annual income of £76.2m generated, delivering a pre-tax profit of £67.9m – an increase of 23% on 2016/17 • A gross return on average capital employed for the year of 7.0%, or 6.2% net of costs, both ahead of benchmarks of 5.6% and 5.0% respectively • Supporting …
Continue reading “British Business Investments Annual Report 2018”
2 October 2018
Secure Trust Bank focuses on carefully selected segments of the business and consumer markets and this year signed up its one millionth customer. Funds raised from the Tier 2 issue, which was completed today, will enable Secure Trust Bank to increase its volume of lending, including to smaller businesses, supporting the bank’s growth over the …
1 October 2018
This new commercial programme aims to address this issue by increasing the availability, supply and awareness of angel and other early-stage equity investments across the country, particularly in areas where this type of finance is less readily available. British Business Bank research published earlier this year in partnership with the UK Business Angels Association found …
1 October 2018
These activities include: British Patient Capital Ltd which is responsible for investing an additional £2.5bn of funding provided by the Government at last year’s Autumn Budget for UK venture and growth capital. A £500m Managed Funds programme designed to invest in large-scale funds of funds, run by experienced managers, to boost the amount of patient …
27 June 2018
The fund, by deep-tech Venture Capitalist, IQ Capital, will invest at Seed and Series A stages into UK deep-tech companies with transformational deep-tech, AI or disruptive algorithms at their core, and led by visionary founders. IQCF III is a ten-year fund with a five-year investment period, with the ability to invest up to £10m per …
16 May 2018
The investment is expected to double Admiral’s leasing and commercial loan capacity, allowing it to support more smaller businesses accessing asset finance as part of their growth plans over the next five years. The £12m commitment is being made under the Structured Capital Solutions facility within the commercial arm’s Investment Programme. The programme helps widen …
23rd October 2018
British Business Investments Annual Report 201821st September 2017
VIEW OUR ANNUAL REPORT FOR 2016-1720th September 2016
View our Annual Report for FY2015-1622nd February 2016
View our annual report for FY 2014-20156th March 2019
Beechbrook Capital’s second UK SME Credit Fund reaches first close at £128m and completes first two investments18th February 2019
British Business Investments commits £20m to ThinCats to provide more debt finance to UK businesses29th October 2018
Autumn Budget 201823rd October 2018
British Business Investments – Full year results for the period ending 31 March 20182nd October 2018
British Business Investments makes £25m Tier 2 investment in Secure Trust Bank PLC1st October 2018
British Business Investments launches new £100m programme to support regional angel investment1st October 2018
Catherine Lewis La Torre appointed CEO of British Business Bank’s commercial patient capital activities27th June 2018
British Business Investments commits £31.15m to IQ Capital Fund III to support deep tech companies16th May 2018
British Business Investments provides £12m to asset finance specialist Universal Leasing Ltd15th May 2018
British Business Investments launches new £500m programme to increase access to patient capital3rd May 2018
Growth Capital firm Oxx announces first close of debut fund with commitment from British Business Investments17th April 2018
British Business Investments commits to Dawn Capital’s new venture capital fund11th April 2018
British Business Investments provides new finance facility to Liberis28th February 2018
British Business Investment commits £20m to new venture capital model from Kindred Capital6th February 2018
British Business Investments commits to a £30m boost for smaller businesses22nd December 2017
British Business Investment’s latest commitment boosts regional finance options for UK smaller businesses11th December 2017
British Business Investments commits £30 million at the first close of Shard Credit Partners first direct lending fund4th December 2017
British Business Investments and IGF to increase SME funding with new cash injection30th November 2017
British Business Investments commits £15m to Balderton’s new $375m fund24th November 2017
Budget 201723rd November 2017
News from our partners – Seedcamp celebrates 10 year anniversary with £41M first close seed fund to invest in next generation of European entrepreneurs16th November 2017
British Business Investments commits £20m to £100m FPE Capital fund16th November 2017
Catherine Lewis La Torre at this year’s BVCA Summit21st September 2017
BRITISH BUSINESS INVESTMENTS – FULL YEAR RESULTS FOR THE PERIOD ENDING 31 MARCH 20173rd August 2017
British Business Bank Investments Ltd commits €40 million in first closing for Harbert European Growth Capital Fund II.10th July 2017
GCP caps a successful year with a £40m investment from British Business Bank Investments Ltd to complete the final close of Fund IV at £205m29th June 2017
BOOST&Co Limited secures additional £20m commitment from British Business Bank Investments Ltd for its Industrial Lending 1 fund21st June 2017
Atom bank secures £30m Tier 2 capital facility from British Business Bank Investments Ltd21st April 2017
British Business Bank Investments Ltd provides £6.6m of funding to Shire Leasing to boost asset finance for smaller businesses2nd February 2017
Beechbrook Capital closes £150m UK SME Credit I and backs two more businesses18th January 2017
British Business Bank Investments Ltd makes £400m from Autumn Statement available to venture capital funds5th January 2017
British Business Bank expands partnership with Funding Circle8th November 2016
British Business Bank Investments Ltd announces £10m commitment to new £260m technology fund20th September 2016
British Business Bank Investments Ltd – Full Year results for the period end 31 March 201613th September 2016
British Business Bank Investments Ltd commits £18m to northwest-based asset finance provider, enabling a £36m boost to smaller business growth3rd August 2016
British Business Bank Investments Ltd partner Beechbrook Capital holds first close on latest private debt fund20th July 2016
British Business Bank Investments Ltd provides £16.5m line to Northwest asset finance provider Kingsway under new expansion capital initiative16th June 2016
British Business Bank Investments Ltd names Catherine Lewis La Torre as Chief Executive Officer17th May 2016
British Business Bank Investments Ltd invests in Frog Capital II14th April 2016
British Business Bank Investments Ltd invests £30 million in first close of CORDET Direct Lending fund31st March 2016
British Business Bank Investments Ltd invests in Atlantic Bridge III, a new €140 million fund for Technology companies22nd March 2016
British Business Bank Investments Limited partners with Liberis to support funding for smaller UK businesses10th March 2016
British Business Bank Investments Limited publishes half year results for the six months ended 30 Sept 201519th February 2016
British Business Bank Investments agrees £25m facility with Haydock Finance19th January 2016
British Business Bank Investments Ltd invests in new UK Private Debt Fund from Muzinich & Co19th January 2016
British Business Bank Investments Ltd – Annual Results and publication of 2015 Annual Report and Accounts4th January 2016
British Business Bank Investments Ltd-supported Beechbrook Capital’s inaugural UK SME Credit Fund holds first close at more than £100m29th October 2015
British Business Bank’s commercial arm supports UK SMEs with investment in Shawbrook Bank17th September 2015
British Business Bank’s VC Catalyst Fund invests in Nauta27th March 2015
British Business Bank Investments Limited makes €6m clean technology investment2nd February 2015
British Business Bank Investments backs Northwest asset finance provider with £5m investment, introduces new expansion capital initiative31st October 2014
£80 million boost for leasing finance as British Business Bank focuses on alternative lending for smaller businesses24th September 2014
British Business Bank partner BMS Finance provides debt finance to Whittle, one of the UK’s leading commercial painting contractors2nd September 2014
British Business Bank boosts European Capital UK SME fund to £100m to help provide debt finance to UK’s smaller businesses6th August 2014
Making Britain the global centre of financial innovation – £100m extra for British Business Bank Investment Programme25th February 2014
New £40m investment by British Business Bank to support £450m of lending to smaller businesses