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29th November 2018

British Business Bank announces new commitment with Funding Cirlce SME Income Fund

The British Business Bank has announced a commitment of up to £150m for lending to UK small businesses through Funding Circle, a global small business loans platform. The new facility will provide senior financing to a transaction with the Funding Circle SME Income Fund Limited (FCIF), a publicly traded fund that lends exclusively through Funding Circle. This new commitment extends the existing partnership between Funding Circle and the UK Government.

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