raising finance

Small Business Finance: What you need to know

Small Business Finance: What you need to know

For any business, initial funding is a crucial element of success, but raising finance will almost certainly be the most difficult element of starting and running a business. Thankfully, you have an array of options open to you when it comes to raising finance. Before proceeding to raise finance, you should first ensure your business plan is economically sound. If it is, you should be able to build a solid financial base if you know what you are doing. This article should serve as an introduction to financing your business. It will cover how to assess your funding needs, then explore the multitude of different funding options – exploring your options for external investment, bank finance, and other finance options. How do I know how much finance to seek? To identify your funding needs, fol... »

Raising Finance for Your Business

To raise money to grow your business, you have to convince likely lenders that your idea is profitable, or at least has the potential to be. This guide explores the main types of finance available, and highlights what investors and lenders look for in a business before they lend it money. Types of Finance There are many different types of finance available, depending on your needs and goals. Raising cash for day-to-day needs (working capital) is quite different from raising money for a long-term capital project – say, for buying new machinery or property. You need to be clear to financiers about the way you intend to invest the money. Sources of finance include: Credit from suppliers. Overdraft. Loans. Leasing or contract hire. Factoring. Equity. Grants. Taking credit from suppliers ... »