Interim Evaluation of the ENABLE Funding Programme
As of March 2025, the ENABLE Funding programme had facilitated more than £2.8 billion of finance to over 90,000 SMEs across the UK.
Regulator · GB · 4 documents
As of March 2025, the ENABLE Funding programme had facilitated more than £2.8 billion of finance to over 90,000 SMEs across the UK.
As of March 2025, ENABLE Guarantee and ENABLE Build supported over £5bn of finance across more than 3,000 SMEs with 12 live delivery partners.
The Future Fund scheme delivered £1.14bn of funding to 1,190 companies between May 2020 and January 2021 through Convertible Loan Agreements (CLAs) ranging from £125k to £5m matched by private investors.
Gross bank lending to UK SMEs reached £62.1bn in 2024, representing a 4.9% nominal increase compared to 2023, while total bank stock declined 2.5% to £179bn.