British Business Bank’s Debt Funds programme

Press Release from the British Business Bank on 30 September 2025. The British Business Bank’s Debt Funds programme helps broaden the supply of diversity of private debt finance for SMEs. In total this independent evaluation claims the programme has helped to create 1,400 net additional job, has IRR from inception to March 2023 is around 7.4%, and backed firmes showed significant gains in turnover (on average for smaller businesses, the rise was around £750,000 p.a.; £7.5m for recipients of Venture Debt and PrefEquity). The BBB views this as continuing evidence of need and indicates it will continue to support diversity and supply in private debt finance. 

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