British Business Bank invests $13m in Shawbrook to support small business markets in the UK.

From Yahoo Finance: 2025-06-23 10:14:00

The British Business Bank invests £10m in Shawbrook Bank’s £75m Tier 2 note issuance to support small businesses in the UK. This follows a previous £30m investment in 2020 to help recipient banks expand their services. Shawbrook plans to use the capital to continue growing its specialist small business markets.

With the investment, Shawbrook aims to support growth in its small business markets while British Business Bank strengthens its partnership with a third Tier 2 investment in the bank. Shawbrook CFO Dylan Minto values the continued support, highlighting the endorsement of their strategy and the foundation for further SME lending growth.

Shawbrook recently extended a £20m revolving credit facility to ScotLend, its first transaction with a Scottish-based lender. This move aims to enhance ScotLend’s presence in the bridging finance market across the UK. In 2024, Shawbrook’s loan book grew by 16% to £15.2bn, driven by demand in specialist markets, though underlying profit before tax decreased to £294m.

The British Business Bank’s investment in Shawbrook was reported by Leasing Life, a GlobalData owned brand. The information provided is for general informational purposes only and does not constitute advice. Professional or specialist advice should be sought before taking any action based on the content.



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