Roots to Finance David Milham – ASC Kent
<ul><li>Presentation </li></ul><ul><li>Overview </li></ul><ul><li>Types of Finance </li></ul><ul><li>Information requireme...
Working Capital <ul><li>Stock </li></ul><ul><li>Supplies </li></ul><ul><li>Wages </li></ul><ul><li>Customer invoices </li>...
Working Capital <ul><li>Overdraft (Security?) </li></ul><ul><li>Invoice Finance (Factoring or Discounting) </li></ul><ul><...
Medium term funding <ul><li>Plant & Equipment </li></ul><ul><li>Vehicles </li></ul><ul><li>Furnishing, fixtures & fittings...
Medium Term Funding <ul><li>Term loans  (Security?) </li></ul><ul><li>Enterprise Finance Guarantee </li></ul><ul><li>Asset...
<ul><li>Long term Funding </li></ul><ul><li>Commercial Mortgages </li></ul><ul><li>- Banks, Building Societies, Specialist...
Your business needs  Finance <ul><li>So WHAT does the prospective LENDER </li></ul><ul><li>need from  YOU? </li></ul>
Your business needs  Finance <ul><li>Clearly show the </li></ul><ul><li>finance is </li></ul><ul><li>AFFORDABLE </li></ul>
Lenders will need <ul><li>Summary proposal </li></ul><ul><li>Business Plan with cashflow </li></ul><ul><li>Details of the ...
Successfully raise  finance <ul><li>Keep your accounts up to date </li></ul><ul><li>Operate your bank accounts well </li><...
QUESTIONS? David Milham  ASC Finance for Business 01795 591220  [email_address]
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Roots to Finance - David Milham

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Roots to Finance, by David Milham - ASC Finance for Business.

SME’s are struggling with finding any source of finance and it doesn’t look to be getting easier.
David Milham demystifies what’s happening and offers some options that are still alive and shed some light on the future.

Published in: Economy & Finance, Business
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Roots to Finance - David Milham

  1. 1. Roots to Finance David Milham – ASC Kent
  2. 2. <ul><li>Presentation </li></ul><ul><li>Overview </li></ul><ul><li>Types of Finance </li></ul><ul><li>Information requirements </li></ul><ul><li>Maximising success </li></ul><ul><li>Questions </li></ul>
  3. 3. Working Capital <ul><li>Stock </li></ul><ul><li>Supplies </li></ul><ul><li>Wages </li></ul><ul><li>Customer invoices </li></ul><ul><li>VAT </li></ul><ul><li>Marketing/sales costs </li></ul><ul><li>Loan Interest </li></ul>
  4. 4. Working Capital <ul><li>Overdraft (Security?) </li></ul><ul><li>Invoice Finance (Factoring or Discounting) </li></ul><ul><li>Stock Finance </li></ul><ul><li>Trade Finance </li></ul><ul><li>Specialist funding i.e. Brewery loans </li></ul><ul><li>Bridging loans </li></ul><ul><li>Credit Cards – Health Warning!! </li></ul>
  5. 5. Medium term funding <ul><li>Plant & Equipment </li></ul><ul><li>Vehicles </li></ul><ul><li>Furnishing, fixtures & fittings </li></ul><ul><li>Computers </li></ul><ul><li>Leasehold property </li></ul><ul><li>Training </li></ul><ul><li>Research & Development </li></ul>
  6. 6. Medium Term Funding <ul><li>Term loans (Security?) </li></ul><ul><li>Enterprise Finance Guarantee </li></ul><ul><li>Asset Finance (HP, Leasing) </li></ul><ul><li>Development funding </li></ul><ul><li>Grants - Training </li></ul><ul><li>- R&D </li></ul><ul><li>- Collaborative projects </li></ul>
  7. 7. <ul><li>Long term Funding </li></ul><ul><li>Commercial Mortgages </li></ul><ul><li>- Banks, Building Societies, Specialist Lenders </li></ul><ul><li>Equity Finance </li></ul><ul><ul><li>- Business Angels, Venture Capitalists, </li></ul></ul><ul><ul><li>Enterprise Growth Fund,Family & Friends? </li></ul></ul><ul><li>Pension funds – SIPP’s </li></ul>
  8. 8. Your business needs Finance <ul><li>So WHAT does the prospective LENDER </li></ul><ul><li>need from YOU? </li></ul>
  9. 9. Your business needs Finance <ul><li>Clearly show the </li></ul><ul><li>finance is </li></ul><ul><li>AFFORDABLE </li></ul>
  10. 10. Lenders will need <ul><li>Summary proposal </li></ul><ul><li>Business Plan with cashflow </li></ul><ul><li>Details of the Directors/owners </li></ul><ul><li>Experience </li></ul><ul><li>2yrs Accounts </li></ul><ul><li>Management Accounts YTD </li></ul><ul><li>Aged Debtors & Creditors </li></ul><ul><li>Details of existing loans </li></ul><ul><li>3 months Bank Statements (Business & Personal) </li></ul><ul><li>Exit strategy for Bridging loans & Equity investments </li></ul>
  11. 11. Successfully raise finance <ul><li>Keep your accounts up to date </li></ul><ul><li>Operate your bank accounts well </li></ul><ul><li>Ensure credit history clean </li></ul><ul><li>Make mortgage, loan & credit card payments on time </li></ul><ul><li>Demonstrate loan is affordable </li></ul><ul><li>Maintain a simple business plan </li></ul><ul><li>Talk to ASC (initial review is FREE) </li></ul>
  12. 12. QUESTIONS? David Milham ASC Finance for Business 01795 591220 [email_address]
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