Alternative Business Funding
HM Treasury has selected the Alternative Business Funding portal as one of the government’s designated finance platforms for the Bank Referral Scheme.
From November 1, Alternative Business Funding will be referred small businesses looking for finance who have been turned down by the UK’s major banks.
Adam Tavener, chairman, said:
“We’re delighted that HM Treasury has announced its intention to designate ABF to help deliver this hugely important scheme.
“We have worked closely with HM Treasury and the British Business Bank since 2015 to help shape this scheme, and we now look forward to continuing to work with them on its delivery.”