Your SlideShare is downloading. ×
0
Raising Finance For Smes
Raising Finance For Smes
Raising Finance For Smes
Raising Finance For Smes
Raising Finance For Smes
Raising Finance For Smes
Raising Finance For Smes
Raising Finance For Smes
Raising Finance For Smes
Raising Finance For Smes
Raising Finance For Smes
Upcoming SlideShare
Loading in...5
×

Thanks for flagging this SlideShare!

Oops! An error has occurred.

×
Saving this for later? Get the SlideShare app to save on your phone or tablet. Read anywhere, anytime – even offline.
Text the download link to your phone
Standard text messaging rates apply

Raising Finance For Smes

769

Published on

Want to know where to get money from as a small business

Want to know where to get money from as a small business

0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total Views
769
On Slideshare
0
From Embeds
0
Number of Embeds
1
Actions
Shares
0
Downloads
5
Comments
0
Likes
0
Embeds 0
No embeds

Report content
Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
No notes for slide

Transcript

  • 1. Raising Finance for SME’s<br />Steve Waud<br />Angela Hellawell<br />
  • 2. Raising Finance for SME’s<br />What we do<br /><ul><li>Part of a network of finance providers in the Yorkshire and Humber region
  • 3. We have funds of over £6million with more funds on the way
  • 4. Received funding from Europe, UK Government and private investors
  • 5. We are a not for profit company
  • 6. We operate in West and North Yorkshire
  • 7. Loans from £500- £100k</li></li></ul><li>Raising Finance for SME’s<br />Who we help<br /><ul><li>Businesses with a viable business plan – Ltd/partnerships or sole trader
  • 8. No sector restrictions – any kind of a business will qualify
  • 9. People with poor credit history or no credit history
  • 10. People who have been declined by the banks</li></li></ul><li>Raising Finance for SME’s<br />Some Stats<br /><ul><li>New businesses started 52
  • 11. Jobs created 75
  • 12. Jobs sustained 59
  • 13. Existing businesses supported 24
  • 14. BEF has loaned over £4.65million in the last 6 years </li></li></ul><li>Raising Finance for SME’s<br />How we help<br /><ul><li>We will help develop your business plan
  • 15. We will turn loans around within 4-5 weeks
  • 16. Interest rates between 10% and 14%
  • 17. Our loan process is all on line and so it is easy to apply</li></li></ul><li>Raising Finance for SME’s<br />Meet some of our clients<br />Leeds Brewery<br /><ul><li>£100k
  • 18. Sales gone £0 from £1.5 million in 3 years
  • 19. 5 pubs
  • 20. Employing 50 people</li></li></ul><li>Raising Finance for SME’s<br />Wildacre<br /><ul><li>£75k loan
  • 21. Sell cosmetics to some the best known quality brands in the UK such as Taylors of Bond Street
  • 22. Used the money to fund working capital and new equipment
  • 23. T/o about £600k</li></li></ul><li>Raising Finance for SME’s<br />Witchcraft<br /><ul><li>£1500 loan
  • 24. Money to set up the
  • 25. Used the money to fund working capital and new equipment</li></li></ul><li>Raising Finance for SME’s<br />More on how we help<br /><ul><li>Understanding Finance Courses.
  • 26. One to One support.
  • 27. Debt Finance management.
  • 28. Book Keeping.</li></li></ul><li>Raising Finance for SME’s<br />Statement Exhibitions Ltd<br /><ul><li>£6k loan
  • 29. Design, build, transport and store Exhibition stands and other POS products.
  • 30. T/O gone from £2K per month to £40,000 in 8 months.
  • 31. Joint funded with Leeds Credit Union & Princess Trust
  • 32. Employ 5 full time 2 part time staff.</li></li></ul><li>Thank youAny questions?<br />Steve Waud<br />Angela Hellawell<br />

×