1:06 PM Small Business Loans in the UK | ||||
#buisness loans # Together, we re better.Thousands of people and the UK Government have lent over 500 million to businesses. At rates that suit everyone.The Government-backed British Business Bank is lending through Funding Circle**We ve won awards in Credit Innovation for SME Lending. *The current estimated return is an estimate of the annual return after fees and bad debts that investors could earn from lending money to businesses seeking loans today. It is calculated by taking the gross interest rate less fees and estimated bad debts that will occur in the future for each of the last 100 loans accepted on the marketplace. The average return is compounded and before tax. The return is updated daily. See the full calculation here . The British Business Bank and its subsidiaries do not offer bank accounts, take deposits or provide regulated banking services. The British Business Bank provides its financial support to smaller businesses through its delivery partners. Any decisions to provide finance to smaller businesses are made by Funding Circle not by the British Business Bank.
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