RSM 2000 Limited continues as the Guarantee Fee Collector for British Business Bank plc
for another three years.
British Business Bank plc, acting on behalf of the Department of Business, Energy and Industrial Strategy operates a Facility Guarantee programme to assist businesses to achieve loan facilities from their banking partners.
Borrowing businesses pay a guarantee fee to HM Government, which British Business Bank plc collects via Direct Debit.
RSM 2000 Ltd is an Approved Bacs Bureau and has been acting as the Collection Agent for the programme since 2011 and was successful in a recent re-tender of the service, due to the suitability and flexibility of the service we could offer.
The service will be provided for a 36-month period, with the option to extend the service for a further 12-month period.