British Business Bank

The British Business Bank is a government-owned economic bank specialised in helping businesses in the UK access financial support.

The British Business Bank does not engage directly with individual businesses. Nor does it get involved in selecting which smaller businesses receive debt funding from the lenders it works with. Businesses need to approach the lenders themselves.

The British Business Bank objectives are:

- Driving sustainable growth ensuring smaller businesses can access the right type of finance they need to start, survive and grow,
- Backing innovation ensuring innovative businesses can access the right capital to start and scale,
- Unlocking potential unlocking growth by ensuring entrepreneurs can access the finance they need regardless of where and who they are
- Building a modern, green economy

Website: https://www.british-business-bank.co.uk/

Contact us: https://www.british-business-bank.co.uk/contact-details/

The Business Finance Guide, jointly published by the British Business Bank and the ICAEW’s Corporate Finance Faculty, sets out the full range of options available for smaller businesses looking to raise finance. It also offers advice to help businesses plan for growth.

Website: http://thebusinessfinanceguide.co.uk/ 

Guidance on building business resilience

https://www.british-business-bank.co.uk/about/research-and-publications/guide-to-building-business-resilience

Business guidance to help businesses understand and discover the finance options that could enable them to grow.

https://www.british-business-bank.co.uk/business-guidance


The website offers smaller businesses resources to explore and identify finance options that might work for them:

https://www.british-business-bank.co.uk/finance-options/


An in-depth article from The British Business Bank on asset finance. Covering the different types of asset finance, the benefits and risks of asset finance.

https://www.british-business-bank.co.uk/business-guidance/guidance-articles/finance/what-is-asset-finance

Working in collaboration with the British Business Bank, Companies House has created articles to feature on two of their business guidance sites.

Find more about who Companies House are, how to file your annual accounts, and much more to help you understand your responsibilities as a company director in the small business owner’s guide to Companies House.

You can also find in-depth guidance on how to register a limited company with Companies House, including the different types of companies you can register and information on your legal responsibilities as a director.

This helpful guide is to help smaller businesses understand how different financial products can support them at all stages of their development including:  

Starting a business - Starting a new business often requires capital – money that is used to help research a business idea, create a prototype product, or purchase equipment or machinery that a new business will use.

Research and development – Research and development (R&D) is when a business develops innovative products, services, or processes.

Importing and exporting goods and services – Businesses selling goods or services overseas face risks when it comes to cash flow and receiving payment from buyers.

Protecting cash flow and working capital – Cash flow can be unpredictable with unforeseen costs, seasonal fluctuations, and wider economic challenges all impacting business growth.

Debt consolidation – If a small business has multiple loans or lines of credit, they may decide to consolidate their debts into a single, more manageable loan.

Purchasing a major asset - If a small business is looking to acquire another business or invest in a large asset, such as specialist plant or machinery, an injection of capital may be required.

Scaling and growing a business - Whether it’s opening a new location, expanding product lines or increasing production capacity, growth requires capital.

https://www.british-business-bank.co.uk/finance-hub/making-business-finance-work-for-you-guide/

Aside from resources around managing and seeking finance, the website also has a business guidance library, containing hundreds of helpful articles on a wide range of business areas such as sustainability, staffing, supply chains and essentials to managing your business.

Website: https://www.british-business-bank.co.uk/business-guidance