The BBA is now integrated into UK Finance. Please go to www.ukfinance.org.uk for new content and updates from UK Finance.
Material published by BBA prior to 1st July 2017 is still available on this website.
From 1 July 2017, the finance and banking industry operating in the UK will be represented by a new trade association, UK Finance. It will represent around 300 firms in the UK providing credit, banking, markets and payment-related services. The new organisation will take on most of the activities previously carried out by the Asset Based Finance Association, the British Bankers’ Association, the Council of Mortgage Lenders, Financial Fraud Action UK, Payments UK and the UK Cards Association.x
In addition to business loans, there is a wide range of financial products available to help businesses access the funding needed to grow and thrive.
Community Development Finance Institutions are organisations which provide loans and support to those who find it hard to access finance from mainstream sources. Businesses may find it hard to raise finance for many reasons. Read More
This is a method of financing in which a company issues a share of ownership in return for funding. Equity finance involves raising money by selling a share of a business. Read More
The Enterprise Finance Guarantee (EFG) is a loan guarantee scheme funded by the Government and distributed by banks. Under EFG, the Government guarantees part of a loan between a bank and a business. Read More
There are thousands of programmes that can offer grants to help with the costs of setting up or growing your business. Local authorities, central government and the European Union also offer grants. Read More
This type of credit can give your business a useful, cash injection by releasing money tied up in outstanding invoices, providing an ongoing supply of capital linked to company sales. Read More
Letters of credit are issued by banks to guarantee that a seller will receive payment from the buyer by a specified time. Businesses most frequently use these documents to underpin an international transaction. Read More
Loans are the most popular form of raising money. They usually come in two distinct forms: secured or unsecured. They can also be on a fixed or variable rate of interest. Read More
Mezzanine finance is a cross between a normal loan and private equity. It is lent against a stake in the company’s ownership, allowing the lender to convert any unpaid debt into equity. Read More
Commercial mortgages are used to buy buildings and land for business purposes. As with a resedential mortgage, the lender holds legal rights over the property or land until the loan has been fully repaid. Read More
This type of finance is called lots of things, most commonly crowd-funding, peer to peer or person-to-person (P2P) lending. It involves individuals lending money directly to unrelated people and businesses. Read More