The British Business Bank has announced the appointment of Louise McCoy as Commercial Managing Director, Small Business Lending, effective from Monday 1 May 2023, in a newly-created senior-level role.

Louise joined the Start Up Loans Company, now a programme under the British Business Bank, in 2016 as an Account Director before becoming its Commercial Director in 2018. Prior to that she worked in relationship management, customer service and management information roles for almost 20 years, including at Bank of Scotland and Deutsche Bank.

In her new position, Louise will have responsibility for aspects of both Start Up Loans and the Bounce Back Loan Scheme.

Richard Bearman, Managing Director, Small Business Lending said: “Louise has been a vital part of the success of the Start Up Loans programme as its Commercial Director. I am therefore delighted that she was successful in our open recruitment process and will be taking up this important new position.

“I am looking forward to working with Louise in her new role as we seek to grow and strengthen the Start Up Loans programme, not only over the next twelve months but also the longer term. Bringing aspects of Bounce Back Loans together with Start Up Loans will help us achieve our objectives more effectively with our lenders, business support partners and smaller businesses.”