Similar to its predecessor the British Finance Partnership (BFP), which lent £20 million through Funding Circle from March 2013, the objectives of the British Business Bank Investment Programme include:
- increasing the amount and types of debt financing available to small and medium-sized businesses
- supporting the development of more diverse financing markets for small and medium-sized businesses.
The 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.