What's the SBA equivalent in the UK?

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July 14, 2020

by a searcher from University of Warwick in United Kingdom

Just started looking into the search, correct me if I'm wrong, I think a significant portion of the upside of the search model comes from debt financing. However, there doesn't seem to have a government financing programme like SBA in the UK? Most business loans are capped at a tiny amount. Can any fellow searches share some ideas for source of debt capital?

Many thanks!
Eric

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Reply by an intermediary
from University of Western Australia in London, UK
The SBA is unique to the US. There is nothing like it in the UK (other than recent COVID-related initiatives). You're right, this means access to debt financing is greatly reduced here (or greatly enhanced in the US if you look at it the other way)
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Reply by a searcher
from London Metropolitan University in United Kingdom
this may pass as a quasi uk equivalent https://www.british-business-bank.co.uk/
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