FINANCE PRODUCTS
GROWTH FINANCE
Funding to help your business take its next step
Growing a business often requires investment before the financial benefits are realised. You may be looking to increase capacity, recruit additional staff, launch a new product, expand into new premises or take advantage of a new commercial opportunity.
The Funding Step can help you explore funding options that could provide the additional capital needed to support your growth plans.
What could Growth Finance help with?
Growth finance could potentially support:
Recruiting additional staff
Purchasing stock or materials
Increasing production capacity
Opening or expanding premises
Launching new products or services
Investing in marketing
Entering new markets
Funding new contracts
Investing in technology
Business acquisitions
Funding your plans
Growth can sometimes mean spending money before the additional income arrives. For example, a new contract may require additional staff, materials or equipment before your customer makes their first payment. Alternatively, expanding into new premises or launching a new product may involve upfront investment before it begins generating additional revenue. Having a clear understanding of how much you need, what the funding will be used for and what you expect the investment to achieve can help when approaching potential lenders.
How can The Funding Step help?
We’ll take the time to understand your business, your growth plans and the funding you’re looking for. From there, we can help you explore potential commercial finance options and guide you through the information that may be required when approaching a lender.
If you need additional support preparing forecasts or planning for growth, you can also explore our Business & Cashflow Planning service.
Ready to take your business to the next stage?
Tell us about your growth plans and what you’re looking to fund.