Small business financing
What is a small business?
In the UK a small business is a business that is privately owned and operated, with a small number of employees and relatively low volume of sales. Small businesses are normally privately owned corporations, partnerships, or sole proprietorships.
There is a real need for small business to be able to access financing
- Small businesses often face business financing problems due to their size.
- Small businesses often can not get access to sufficient financing to afford operating expenses
- Small businesses often lack working capital
- Small business owners often do not have the funds to expand and meet demand
Options of for business financing in the UK
- Self-financing by the owner through cash, loans or credit cards.
- Loans from friends or relatives
- Grants from private foundations
- Personal Savings
- Private share issue
- Forming partnerships
- Angel Investors
- Banks
- SME business financing
- Venture capital business financing.
Every new business needs money when starting up. The majority of businesses will need to buy equipment, establish the workplace and meet marketing costs - all before the first sale is made. Then once you're trading, you'll need cash to pay the bills and keep the business going.
Factoring Menu
Industry Specific Factoring Options
The UK Factoring & Invoice Discounting Helpline is a leading finance brokerage specialising in factoring and invoice discounting. We offer free, independent and impartial advice on business finance options. We have been helping businesses of all sizes and commercial sectors solve cashflow problems for more that 10 years. We have found factoring and invoice discounting facilities for many thousands of businesses and remain in contact with all our clients.