Policy paper

Business Finance Partnership activity report

A summary of investment and lending activity, achieved through the medium-sized business strand of the Business Finance Partnership.

This was published under the 2010 to 2015 Conservative and Liberal Democrat coalition government

Document

Details

The Business Finance Partnership aims to increase lending to small and medium-sized businesses from sources other than banks. It has 2 strands. The first strand invests in fund managers who lend to medium-sized businesses. The second strand invests in non-traditional lenders that provide an alternative source of lending for small businesses.

So far the scheme has helped create around £5 of lending for every £1 of taxpayers’ money. A total of £172 million of government money has been used by the lenders alongside an additional £705 million from private sector investors to lend a total of £877 million to 18 medium-sized businesses and 880 small businesses.

Published 12 September 2013