British Business Bank plc

About British Business Bank plc

The British Business Bank plc is a government-owned development bank dedicated to supporting the growth of small and medium-sized enterprises (SMEs) across the UK. Established in 2014, the bank plays a crucial role in improving access to finance for businesses that may struggle to secure funding through traditional means.

With a mission to make finance markets work better for smaller businesses, the British Business Bank offers a range of financial products and services designed to meet the diverse needs of SMEs. These include debt and equity finance options, as well as guarantees and support for alternative finance providers.

One of the key objectives of the British Business Bank is to increase the supply of finance to underserved markets, ensuring that all businesses have the opportunity to thrive. The bank collaborates with various partners, including banks, local authorities, and private sector investors, to create a more inclusive financial ecosystem.

In addition to providing financial support, the British Business Bank also focuses on enhancing the knowledge and skills of business owners through educational resources and guidance. This commitment to fostering entrepreneurship is reflected in their various initiatives aimed at promoting innovation and competitiveness among UK businesses.

As a trusted partner for SMEs, the British Business Bank is committed to transparency and accountability, regularly reporting on its impact and performance. The bank’s strategic vision is to be the leading institution for SME finance in the UK, driving economic growth and job creation.

Through its efforts, the British Business Bank aims to empower businesses to reach their full potential, contributing to a vibrant and sustainable economy.