British Business Bank

British Business Bank, established in 2013, is a UK-based government-owned development bank. It facilitates economic growth by improving access to finance for smaller businesses. The bank offers a range of financial services, including asset-backed lending, leasing facilities, and start-up loans. Through its subsidiary, British Business Investments, it invests in finance providers, small-cap debt funds, and venture capital funds, typically committing between £5 million and £200 million. It also invests directly into Challenger Banks and alongside Angel Networks and Fund-of-Funds. The bank operates on a commercial basis, aiming to generate a return on its investments without any government advantage.

Steve Conibear

UKN Director, South West

Ian Connatty

Deputy Chief Investment Officer

Peter Garnham

Managing Director

Adam Kelly

Managing Director

Andy Littlewood

Managing Director, IT Infrastructure and Operations

George Mills

Director - Deeptech, Direct and Co-Investments

Reinald de Monchy

MD

Mark Wilcockson

Senior Investment Manager-Regional Funds

Sarah Newbould

Senior Investment Manager, Regional Funds

Mark Sterritt

Director of Nations and Regions Funds

Past deals in Credits and Lending

Bibby Financial Services

Debt Financing in 2025
Bibby Financial Services, established in 1982, is a subsidiary of the family-owned Bibby Line Group, providing financing solutions to businesses across the United States, Canada, and internationally. The company specializes in asset-based lending and factoring services, enabling businesses to borrow against their liquid assets such as accounts receivable, inventory, equipment, and real estate. It offers flexible, customized funding solutions to support growth and working capital needs. With headquarters in Kennesaw, Georgia, and additional offices across the U.S. and Canada, Bibby Financial Services caters to small and medium-sized businesses, helping them access the capital required to thrive.

SPRK Capital

Venture Round in 2025
SPRK Capital is a UK-based fintech company founded in 2019 that specializes in providing non-dilutive debt solutions to businesses focused on innovation. The company operates as an online lending platform, offering financial services designed to support the growth and development of its clients. By catering to innovative businesses, SPRK Capital aims to facilitate access to necessary funding while allowing companies to retain full ownership and control over their operations.

Simply Asset Finance

Debt Financing in 2024
Simply Asset Finance, established in 2017 and headquartered in London, specializes in providing asset finance solutions to small and medium-sized businesses in the UK. The company offers hire purchase, finance leasing, and asset equity release services, enabling businesses to acquire equipment and release capital from existing assets. Simply Asset Finance differentiates itself through its digital platform, Simply Connect, which streamlines the funding process, from application to final payment, using automated tools and integrated data sources. This approach aims to deliver a faster, simpler, and more efficient service to its customers.

Kingsway Asset Finance

Debt Financing in 2023
Kingsway Asset Finance is an independent asset finance and leasing company focused on serving the small and medium-sized enterprise (SME) market in the UK. The firm provides a range of financial services, including commercial loans, professional loans, hire purchases, leases, and recovery loan schemes. By specializing in asset finance, Kingsway aims to support SMEs in acquiring the necessary equipment and resources to grow their businesses.

Nebeus

Convertible Note in 2020
Nebeus is a financial platform established in 2014 in England, focused on bridging traditional finance and cryptocurrencies to enhance financial inclusion. It offers a secure and user-friendly ecosystem designed for individuals, digital nomads, businesses, and platforms, allowing users to borrow, earn, send, and receive both cash and cryptocurrency. Nebeus facilitates cryptocurrency-backed financing, enabling users to access cash without the need to liquidate their long-term digital investments. The platform has transacted over £30 million and primarily operates in the UK and Europe, with plans for expansion into Latin America. By providing a comprehensive suite of services, Nebeus empowers users to effectively manage their assets and grow their wealth in a compliant and accessible manner.

Simply Asset Finance

Debt Financing in 2018
Simply Asset Finance, established in 2017 and headquartered in London, specializes in providing asset finance solutions to small and medium-sized businesses in the UK. The company offers hire purchase, finance leasing, and asset equity release services, enabling businesses to acquire equipment and release capital from existing assets. Simply Asset Finance differentiates itself through its digital platform, Simply Connect, which streamlines the funding process, from application to final payment, using automated tools and integrated data sources. This approach aims to deliver a faster, simpler, and more efficient service to its customers.

Kingsway Asset Finance

Debt Financing in 2016
Kingsway Asset Finance is an independent asset finance and leasing company focused on serving the small and medium-sized enterprise (SME) market in the UK. The firm provides a range of financial services, including commercial loans, professional loans, hire purchases, leases, and recovery loan schemes. By specializing in asset finance, Kingsway aims to support SMEs in acquiring the necessary equipment and resources to grow their businesses.
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