No. All business loan requests must be 100% funded to be accepted. The British Business Bank programme will fund a fixed final percentage of every loan. This amount will not vary if a business loan does not fully fund.
British Business Bank Investments Ltd is the commercial arm of the British Business Bank, a development bank wholly owned by the UK Government. In 2017, British Business Bank Investments Ltd committed £40 million, in addition to its £40 million commitment in 2014, alongside other investors, to support economic growth by providing more efficient finance to smaller businesses.