Funding Growth

Three people discussing funding options

You may decide your business needs more money to realise its full potential. For a strong business with a well-thought-out growth strategy, financing options include:

  • Bank finance. Bank lending is getting a lot more competitive – and you don’t have to borrow from the bank you hold your accounts with. See www.betterbusinessfinance.co.uk for more information on bank lending for small businesses.
  • Alternative borrowing. Invoice finance could let you raise money against bills your customers have yet to settle. You may also be able to borrow against your business’s assets. 
  • Crowdfunding. Websites such as Funding Circle and Thin Cats let small businesses go straight to individual lenders. See www.ukcfa.org.uk for more information.
  • Equity investment. An investor such as a private equity firm, a venture capitalist or a business angel can bring in capital, as well as being a supportive business partner. See www.bvca.co.uk or www.ukbusinessangelsassociation.org.uk.

 

How to

Mass production of cherry cookies
GROWING PAINS?

Coping with growth.

Key to

TECHNOLOGY AND GROWTH

Businesses that use web, mobile and cloud are setting the pace.