Government & British Business Bank-backed All major banks taking part. Participating lenders can be seen here:
Loans and overdrafts of between £1,000 & £5 million available to SMEs (with ≤£41 million T/O) that have a sound borrowing proposal, but insufficient security to meet a lender’s normal requirements. The first 6 months of the credit facility will be interest-free.
To access the scheme, businesses should contact their finance provider, not the British Business Bank.