Business Finance

Looking to expand? Launching a new product or service? Moving to new premises? Need to replace old or outdated equipment? There is a myriad of reasons why businesses may need to raise funds, and an ever-increasing number of ways to do so. Business Finance can be a challenge, but it’s one that we accept and can help you with!

Broken into two options, Debt or Equity, there are significant differences between them which can include maintaining future control of the business!

Debt

  • Bank Overdraft
  • Loans
  • Asset Finance
  • Invoice discounting
  • Factoring
  • Bonds

Equity

  • Owner’s family and friends
  • Business Angels
  • Crowd funding
  • Private Equity
  • Venture Capital
  • EIS / SEIS schemes

Given that the burden of identifying the best option to take, and to ultimately bring the cash into the business alongside day to day management and development is usually down to the Business Owner, our support throughout the process of obtaining Business Finance can be greatly appreciated! This is particularly the case where the decision to seek external finance is driven by necessity, or left later than may have been ideal as the day to day demands and stress levels are already high.

The ideal result is to obtain an appropriate and flexible finance structure for your business prior to seeking finance. We can help you devise it, and perhaps more importantly, constantly monitor and revise it as the business evolves and develops.

As an accredited member of the Business Finance Advice Scheme, set up by the major Accountancy bodies and the British Business Bank, we are able to help businesses in the following ways:

  • Identify and accurately quantify the requirements of the business.
  • Prepare supporting evidence of affordability, scenario planning and feasibility in advance of any application, lending credibility.
  • Help ensure sufficient finance is sought to support both current and future requirements. Applying for too little can prove problematic for any subsequent request, suggesting insufficient planning or awareness within the management team.
  • Applications for EIS and SEIS schemes, following the process from start to successful conclusion.

Our network of contacts includes a range of different banks, providers of alternative funding solutions, and also Insolvency Practitioners, who, despite common opinion aren’t just there for the bitter end. Business Finance is one area where the wrong decision, or incomplete planning, can be extremely risky; contact us and let us relieve the pressure.

Read our related Blog posts:

BaranovTV – Show me the money! – We’ve all heard the phrase ‘Cash is king’ but what do you do when you need an injection of cash? What are your options, how do you check your contacts are reputable and what do you need to consider before you make the first approach? It’s all in this episode of BaranovTV!

How will Barclays tightening lending criteria affect businesses? – Barclays Chief Executive Jes Staley has recently announced that they would be tightening their lending criteria ‘just to be prudent’, amid stunted economic growth that he put down, at least in part, to Brexit uncertainty. So what does this tightening lending criteria mean for businesses?

What is a CVA? – The pace of change within the retail world seems to be increasing everyday, with Mothercare, New Look and Carpetright all entering CVAs recently. House of Fraser is considering the option at the moment. Each company has hit troubled times and is looking to a CVA as a means of survival.

 

 

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