FINANCE PRODUCTS
START-UP FINANCE
Helping you take the first step in business
Starting a business often requires investment before the money starts coming in.
Whether you’re turning an idea into a new business or have recently started trading, The Funding Step can help you explore the funding options that may be available and understand what you may need to prepare before approaching a lender.
What could Start-up Finance help with?
Funding could potentially support:
Equipment & machinery
Initial stock & materials
Business premises
Vehicles
Website & technology
Marketing
Recruitment
Working capital
Starting without a trading history?
New businesses don’t always have the accounts, bank statements or trading history that established businesses can provide. This means lenders may want to understand more about you, your experience and the business you’re planning to build, alongside how much funding you need and how you expect the business to perform.
Your personal credit history may also form part of a lender’s assessment. Previous credit issues can affect the options available, but they don’t necessarily mean every route to finance is closed. Different lenders have different criteria, including alternative and specialist lenders that may take a broader view of an application.
How can The Funding Step help?
We’ll take the time to understand your business, what you’re looking to fund and how far you’ve got with your plans. From there, we can help you explore potential funding routes and guide you through the information that may be required when approaching a lender.
If you also need help preparing a business plan or financial forecasts, take a look at our Business & Cashflow Planning service.
Ready to take the first step?
Tell us a little about your business and what you’re looking to achieve.