If your business needs finance, it can be difficult to know which option is the correct one for you.
Being able to access the right sort of finance can help your business grow, develop and thrive. There are a range of methods to choose from when raising finance, including bank loans, equity investment and debt finance.
Bank loans are an obvious one, but equity investment and debt finance are more specific to the type of business. If it is considered a ‘riskier’ venture, then equity investment could be more suitable, while business angels are prepared to back new businesses with equity finance.
There is also the advantage of the Government allowing tax relief to investors in new businesses.
For a business that is considered lower risk, debt finance is one possibility.
Start-up loans are also available for new businesses, whilst peer-to-peer lending and crowdfunding are alternatives to high street bank lending.
When you want to grow your business, there are a range of choices, and it’s important to know what your goals are. Financing options include;
- Seed Financing
- Venture capitalists
- Peer-to-Peer lending/loan
- Equity crowdfunding
- Trade finance
- Export finance
- Private finance
- IPO/public offering
- Corporate venture finance
Knowing which is the correct route for your business can be difficult, but considerations about how much financing you need, what it is for, how long the period of borrowing will be, what the shareholder’s positions are and what tax implications there are can all inform the decision.
SME’s represent over 60 per cent of the private sector workforce, and at Kirk Newsholme, we know that corporate finance advice and transaction support is pivotal.
How can we help?
If you’re not sure that you have the right type of funding for your business – and think there may be better alternatives around – we can help. We can explore a wide range of funding solutions, some of which you may not have thought possible for you.
Our team can assist with:
- Mergers and acquisitions (M&A)
- Identifying suitable sources of finance
- Finance for specific projects
- Business structuring and exit-planning
- Business disposals
- Management buy-outs and buy-ins
- Private transactions
We can draw on our extensive contacts with major providers of banking products, property or development mortgages, asset finance or factoring and invoice discounting facilities to put together a funding package tailored to your needs, whether you’re looking for a better facility for working capital or to invest in machinery, marketing or a new product line.
If you wish to know more about our fundraising, corporate finance and business plans services or would like to arrange a free initial meeting in order to discuss how we can help you in more detail, please contact Ben Maughan on 0113 204 4217 or email Ben.firstname.lastname@example.org.