How can I raise funding for Marketing and Growth projects for my business?
‘Bank says … no’
You have been to your bank with your business plan and your cash flow forecast. You’re full of excitement about your expansion plans for your business. The bank manager was full of praise and matched your enthusiasm, right up to the point when he said: “I am sorry, but I am afraid that we’re unable to fund your Marketing and Growth projects at this time.”Bang. That’s it. You can’t raise the funding. Your plans to build your business have been thwarted.
Bang. That’s it. You can’t raise the funding. Your plans to build your business have been thwarted.
Or have they? Is there another way you can raise the funding for your marketing and growth projects?
The banks are off the list – what other options do I have?
You will know about Alternative Finance by now, or you will at least be aware of it. Crowdfunding, Peer to Peer lending and Unsecured Business Loans that are not supplied by High Street banks are all sources of Alternative Funding. You may be intrigued by them, feel unsure of them or you may have even dabbled in them. But what you may not know is that they have a HUGE appetite for UK businesses that want to invest in marketing, people and expansion. The things that are effectively intangible, these lenders love.
Fast finance… easily
This is great news for businesses in the UK. There are massive sources of funding out there, in many different forms, that are just waiting to lend to growing businesses.
You may also be surprised to hear that these forms of finance are also affordable, flexible, dynamic and, not to forget, fast!
Don’t know where to turn?
It is a massive marketplace with 100s of different lenders, all with different criteria and not all businesses will match all lenders’ requirements. So, do your homework, make sure you know what you are looking for in a lender and be sure that you match what they are looking for in a business.
Alternatively, we can advise and guide you. If you would like to know more about how to raise funds for your business and would like a free consultation as to what kind of funding your business might be able to achieve, then feel free to email us. Alternatively, call us for a chat on 01494 410125 or see our website for more information.
I have been working with alternative finance and the small business sector for many years. I got my stripes working with barter schemes for SME and corporates to leverage their internal assets in a different way. I then started my own business consultancy to help businesses grow and develop during the recession.
In a way, the natural progression was to the modern alternative finance world. I now help all businesses across the UK raise the right kind of finance to ensure that they can grow and keep the economic wheels of the UK turning.
Alternative Finance is not for the fainthearted. This industry is growing day by day, offering more options to UK Businesses. Knowing how to build the right finance solution for your business is not as straightforward as it may seem. That’s why I am here, to help, guide and get the right solution for you.
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