Business Funding

Financing your start up or new venture is a critical aspect of any business, with all the financing options available you need to decide what’s right for you and your business.

j4b have put together 5 Steps to Business Funding Success which is a great place to start

Following these steps should help you effectively achieve the funding you need:

1. Decide the right type of finance for your business needs
2. Find out what funding is available
3. Make the application
4. Getting your application in
5. Keeping in contact

Start-up and Small Business Funding Resources

The main options available for obtaining business finding are:

• Grants and Awards
• Venture Capital
• Business Angels
• Government Loans
• Bank Loans
• Peer to Peer Lending or Social Lending

Business Link

Business Link is the primary access point for all government funded business support. You can search their Grants and Support Directory of grants, subsidies and advice to find out what grants, subsidies and business advice may be available for your business. Alternatively, contact your local Business Link. As well as offering Guides covering every aspect of running a business, such as their Guide to Financing.

j4bGrants

j4bGrants is a website dedicated to providing funding information for UK businesses or business looking to move to the UK.

SEEDA

SEEDA is responsible for managing two national Business Grant schemes, which aim to increase the economic activity within the South East, Selective Finance for Investment in England (SFIE) and Grant for Research & Development (Grant for R&D).

UK Banks

It’s important to talk to your bank at an early stage to see what they can offer you, don’t be afraid to shop around and negotiate.

In our blog “Which Bank Would You Like To Be in Bed With?“, we look at a number of High Street and Private Banks offering business accounts.

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