Getting access to funding is a constant hurdle for small companies, so it is of the upmost importance that you and your business understand how you need to best present yourselves so as not to hinder your chances when the funding opportunity arises.
A decade after the global financial crisis shook SMEs to their core, businesses are finally emerging from a more conservative approach to business funding. They are embracing the risks associated with debt in order to grow and expand. Tens of billions of pounds are now being lent annually as financial institutions are approving eight out of every 10 applications.
A great idea is a must-have for any new start-up. But an idea alone isn’t going to cut it. You need funding. Unfortunately, funding is one of the biggest hindrances to people with great start-up ideas. The good news is that there are options. In fact, there are six options that make up the bulk of the funding that goes to new start-ups. Read more
UK SMEs rely heavily on financing to address ongoing business development and expansion. Unfortunately, traditional financing has been harder to come by since the start of the financial crash a decade ago. This has given rise to a new stream of alternative financing solutions including peer-to-peer and revenue-based financing. Read more