Julie Kelly Community Development Manager RBS 0161 795 8382 julie.kelly@rbs.co.uk

Phil Mundy Salford Money Line 0161 736 6500 www.moneylinegm.co.uk

Access To Finance Jonathan Nelson Access to Finance Specialist Business Link Northwest

Loan? Overdraft? Asset Finance? Invoice Discounting? Venture Capital? Business Angel? Grant? Bridging finance? Enterprise Finance Guarantee? Public Sector Finance?

discuss business and finance plans review financial performance produce a finance report research appropriate finance products research appropriate finance service providers instigate introductions to lenders, investors and service providers Business Link Access to Finance Specialist Team

discuss business and finance plans

review financial performance

produce a finance report

research appropriate finance products

research appropriate finance service providers

instigate introductions to lenders, investors and service providers

60% working capital 10% investment in plant, machinery or equipment 11% new product launch 5% restructure finances 4% research & development 3% business acquisition property repairs/alterations, purchase premises, new markets... Types of finance needed

More businesses are becoming receptive to equity investment Businesses are unclear about the availability of finance both from Banks and the public sector Lenders can be unaware about the availability of public sector finance Lenders now require more information to assess an application than before

More businesses are becoming receptive to equity

investment

Businesses are unclear about the availability of finance

both from Banks and the public sector

Lenders can be unaware about the availability of

public sector finance

Lenders now require more information to assess an

application than before

NWDA Small Business Loans £3,000 to £50,000 plus Women in Business NWDA Transitional Loan £50,000 to £250,000 The Social Enterprise Loan Fund - up to £250,000 NW Business Angels £10,000 to £500,000 Grant for Improving Resource Efficiency, 50% capital investment cost, max £200,000 Innovation Vouchers £3,000, (next round 3 August 2009 - 28 August 2009) Grant for Business Investment, 10% to 45% of project cost (minimum grant £10,000) Research & Development Grants 35% to 65% of project cost (minimum grant £5,000 to maximum £500,000) Aspire Fund equity investments £100,000 to £1,000,000 on a co- investment basis Capital for Enterprise Fund £200,000 to £2m mezzanine/equity finance Some Sources of Public Sector Finance

NWDA Small Business Loans £3,000 to £50,000 plus Women in Business

NWDA Transitional Loan £50,000 to £250,000

The Social Enterprise Loan Fund - up to £250,000

NW Business Angels £10,000 to £500,000

Grant for Improving Resource Efficiency, 50% capital investment cost, max

£200,000

Innovation Vouchers £3,000, (next round 3 August 2009 - 28 August 2009)

Grant for Business Investment, 10% to 45% of project cost (minimum grant

£10,000)

Research & Development Grants 35% to 65% of project cost (minimum

grant £5,000 to maximum £500,000)

Aspire Fund equity investments £100,000 to £1,000,000 on a co-

investment basis

Capital for Enterprise Fund £200,000 to £2m mezzanine/equity finance

Access to Finance www.businesslink.gov.uk /northwest - How we help - Access to Finance

www.nwda.co.uk /finance

Contact us Business Link Northwest 0845 0066888 www.businesslink.gov.uk/northwest

Business Link Northwest

0845 0066888

www.businesslink.gov.uk/northwest