Startup funding can be available to finance new business ventures. Funding can be used for equipment purchase and working capital.
This can be a mix of secured and unsecured finance available on either a short or long-term basis.
We can also access Enterprise Finance Guarantee (EFG) loans. EFG is a guaranteed scheme to facilitate lending to viable businesses that have been turned down for a loan or other form of debt finance due to inadequate security or proven track record.
Typically lenders look for:
- Business Plan
- 3 years financial projections
- Relevant sector experience
- EFG funding is only available to businesses who operate in the UK
- Some startup funding may be linked to actual or projected turnover
If you want to discuss the options available to you give us a call, send us an email or use our contact form and one of the team will get back to you.