From Dealroom · · 40s
British Business Bank Funds £65.7M SME Loan Program
British Business Bank anchors £65.7M UK SME lending fund with Beach Point Capital.
In brief
British Business Bank anchors £65.7M UK SME lending fund with Beach Point Capital. British Business Bank commits £59m to Beach Point's £65.7m UK SME lending fund targeting small businesses with annual turnover under £25m. Originally reported by Dealroom.
Cornerstone Commitment
British Business Bank commits up to £59 million to Beach Point Europe SME DAC fund.
Fund Details
Provides flexible senior debt to UK and Ireland businesses with annual turnover under £25 million.
Previous Commitments
Bank previously invested £20 million in 2022 and £30 million in 2025 into Beach Point's first fund.
Here's the gist
British Business Bank commits £59m to Beach Point's £65.7m UK SME lending fund targeting small businesses with annual turnover under £25m.
