Financing your business


Published on

Presentation to CAMPUS & CSBG

Published in: Business, Economy & Finance
1 Like
  • Be the first to comment

No Downloads
Total views
On SlideShare
From Embeds
Number of Embeds
Embeds 0
No embeds

No notes for slide
  • Here to explain the A2F service from BL. Free to use, available to all SME’s across the NorthWest. So what is the service about?
  • I The service is there to help businesses Including understanding better the process involved in raising finance – whether 1 st time or more complex situation Helping you be more aware of the range of financial products on the market from both the public and private sector and what you may be eligible for, how to apply, what information will be required etc. As well as helping you understand lenders/investors requirements become more “investment ready” thereby increasing the chances of successfully raising funds
  • 111 businesses supported with finance needs totalling £74m.
  • Financing your business

    1. 2. Julie Kelly Community Development Manager RBS 0161 795 8382
    2. 3. Phil Mundy Salford Money Line 0161 736 6500
    3. 4. Access To Finance Jonathan Nelson Access to Finance Specialist Business Link Northwest
    4. 5. Loan? Overdraft? Asset Finance? Invoice Discounting? Venture Capital? Business Angel? Grant? Bridging finance? Enterprise Finance Guarantee? Public Sector Finance?
    5. 6. <ul><li>discuss business and finance plans </li></ul><ul><li>review financial performance </li></ul><ul><li>produce a finance report </li></ul><ul><li>research appropriate finance products </li></ul><ul><li>research appropriate finance service providers </li></ul><ul><li>instigate introductions to lenders, investors and service providers </li></ul>Business Link Access to Finance Specialist Team
    6. 7. 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
    7. 8. <ul><li>More businesses are becoming receptive to equity </li></ul><ul><li>investment </li></ul><ul><li>Businesses are unclear about the availability of finance </li></ul><ul><li>both from Banks and the public sector </li></ul><ul><li>Lenders can be unaware about the availability of </li></ul><ul><li>public sector finance </li></ul><ul><li>Lenders now require more information to assess an </li></ul><ul><li>application than before </li></ul>
    8. 9. <ul><li>NWDA Small Business Loans £3,000 to £50,000 plus Women in Business </li></ul><ul><li>NWDA Transitional Loan £50,000 to £250,000 </li></ul><ul><li>The Social Enterprise Loan Fund - up to £250,000 </li></ul><ul><li>NW Business Angels £10,000 to £500,000 </li></ul><ul><li>Grant for Improving Resource Efficiency, 50% capital investment cost, max </li></ul><ul><li>£200,000 </li></ul><ul><li>Innovation Vouchers £3,000, (next round 3 August 2009 - 28 August 2009) </li></ul><ul><li>Grant for Business Investment, 10% to 45% of project cost (minimum grant </li></ul><ul><li>£10,000) </li></ul><ul><li>Research & Development Grants 35% to 65% of project cost (minimum </li></ul><ul><li>grant £5,000 to maximum £500,000) </li></ul><ul><li>Aspire Fund equity investments £100,000 to £1,000,000 on a co- </li></ul><ul><li>investment basis </li></ul><ul><li>Capital for Enterprise Fund £200,000 to £2m mezzanine/equity finance </li></ul>Some Sources of Public Sector Finance
    9. 10. Access to Finance /northwest - How we help - Access to Finance
    10. 11. /finance
    11. 12. Contact us <ul><li>Business Link Northwest </li></ul><ul><li>0845 0066888 </li></ul><ul><li> </li></ul>