Financing a Small Business
It will quite probably not have escaped your attention that there have been some significant changes recently to how a small business owner can raise finance for starting or developing their business. The recent ‘credit crunch’ has affected all of us and the effects look like hanging around for a long time to come.
Banks and other lending organisations now have less money to lend and they are being much more careful about providing facilities, looking much more closely at a borrower’s ability to service and repay any borrowing/facility.
However the market in the
- To start with and to give you more basic information on raising finance, click on the following link - RAISING FINANCE TO START A BUSINESS - to acquire and download one of the excellent Business Information Factsheets from Cobweb Information Ltd.
Assuming you have completed the Business Planning process and have a Business Plan that demonstrates the need for finance and the ability to service your requirements we would strongly recommend that you obtain a copy of your own Credit File. This is an important step as you will be able to see what information is available to Lenders and ensure your file does not show any issues which might prevent you obtaining any finance you need. CLICK ON THE FOLLOWING LINK TO BE TAKEN TO CREDIT EXPERT, THE WEB SITE FOR EXPERIAN, ONE OF THE COUNTRY'S BEST KNOWN CREDIT AGENCIES, TO GET YOUR FREE CREDIT FILE.
We believe that in the current economic climate it is now more important than ever to ensure your business is adequately and securely financed if you want it to succeed. If you would like to talk to someone about obtaining finance advice and financing your business our specialist advisors will listen to you and then advise you on the most appropriate course of action for your business and assist you with the best and most cost effective solution that's right for you. Click on this CONTACT US LINK to get in touch with us and/or ask a question..












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