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June 8, 2018

BBB launches funding information website for SMEs

The British Business Bank (BBB) has launched a website offering independent information on finance options for scale-up, high growth and potential high growth businesses.

By Christopher Marchant

The British Business Bank (BBB) has launched a website offering independent information on finance options for scale-up, high growth and potential high growth businesses.

The site features investor checklists plus articles from finance providers on how smaller businesses can identify and access the right finance for their growth ambitions. At the centre of the site is the BBB’s new Finance Finder, a six-step tool that enables SMEs to explore and identify finance options.

The online hub, backed by research into the way today’s aspiring business leaders access information in the digital age, has been designed to appeal SME business leaders with content, infographics, and videos as well as event listings to allow small businesses to expand their networks. The site also features case studies from businesses who have successfully accessed finance.

Keith Morgan, chief executive officer, British Business Bank, said: “There are bright and brilliant businesses all across the UK.  But often, their growth ambitions aren’t realised because the financial landscape is complex, daunting and misunderstood. We want to change that. We want to help businesses understand their finance options and through clear, practical tips put them in the best position to successfully access the right finance for their growth potential.”

The information hub has been designed, written and built by Engine Group’s customer engagement specialist, Partners Andrews Aldridge, working in conjunction with the British Business Bank’s communications and marketing team.

The BBB information hub will contain more than 80 pages of content, and was designed with 17 finance types and 12 editorial partners. The hub can be accessed at financeyourgrowth.co.uk.

The BBB is currently supporting almost £4bn of finance to more than 65,000 smaller businesses and participating in a further £6.6bn of finance to mid-cap businesses as of September 2017.

In May Cambridge & Counties Bank has obtained a £100m (€114m) guarantee under the British Business Bank (BBB)’s Enable programme.

 

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