Objectives

The British Business Bank aims to improve finance markets for smaller businesses – Small and Medium sized Enterprises (SMEs) – and small mid-cap businesses. We develop and manage finance programmes designed to enhance the working of finance markets in these areas. We currently support £2.3bn of finance to over 40,000 smaller businesses through our programmes and participate in a further £2.9bn of finance for small mid-cap businesses.

Through our programmes, we aim to achieve the following objectives:

  • Increase the supply of finance available in areas where markets do not work effectively
  • Help create a more diverse market for finance with greater choice of options and providers
  • Promote better information in the market, building confidence among smaller businesses in their understanding of the finance options available
  • Achieve this whilst managing taxpayer resources efficiently and within a robust risk management framework.

We have developed a series of key performance indicators (KPIs) to help measure and reflect performance against each of these key objectives.

suitcase

We currently support £2.3bn of finance to over 40,000 smaller businesses

 Our four objectives

objectives

Click here for more information