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The British Business Bank (BBB) is a government-owned economic development bank established by the UK Government to increase the supply of credit to small and medium-sized enterprises (SMEs) as well as providing business advice and support.
Formed in 2014, it does not lend directly to businesses but instead works through over 200 delivery partners such as banks, leasing companies, and venture capital funds. By operating in this capacity, the bank aims to make finance markets work better for smaller businesses in the UK at all stages of their development, from start-ups to those growing rapidly.
As a public limited company fully owned by the Secretary of State for Business and Trade, the institution remains a key pillar of the United Kingdom's economic strategy. It is headquartered in Sheffield and maintains a significant presence in London, ensuring that its strategic operations remain entirely within the UK.
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