What could your business do with more funding?
During this recent economic down turn an increasing number of clients have been asking for advice on how to access more funding.
The good news is there has been various initiatives launched by the Government and the European Parliament together with the banks.
Apart from a traditional overdraft or business development loan, there is now funding available through a number of schemes including the following:-
- YFM Fund
- Regional Growth Fund
- Enterprise Finance Guarantee Scheme
- Funding for Lending Scheme
- Manufacturing Fund
All of the above are aimed at SMEs and have different lending criteria. Some of these schemes require businesses to have collateral to put up as security whilst others are aimed at businesses who have insufficient or no security.
If you think your business could benefit from additional funding, please get in touch and we can discuss your particular needs and advise you of your options.