Funding is a major challenge for many start-up businesses and there is no magic, easy solution. You may know your business idea inside-out, but the likelihood is that you'll have to work hard to convince people that your business is worth investing in.
Whilst it would be ideal to have investors fighting to fund your business, this is often not the reality. More recent platforms such as crowdfunding and angel investment funds are making it easier for start-ups to get the money they need to launch. However, the most popular route to tackling the problem of accessing finance is to apply for a start-up loan.
Start-up loans allow you to maintain control of your business by not losing any equity stakes. You'll also boost your future investment appeal as you're demonstrating your commitment to your business idea and that will inspire confidence.
How we can help
Working with our start-up loan delivery partners we can signpost you to suitable places to apply for a start-up loan.
SWIG Finance provides viable SMEs and start-ups with access to finance through dedicated business loan funds in the South West region. They can provide loans from £500 – £100,000. Find out more here.
You can also use the Funder Finder from Alternative Business Finance to find start-up investment opportunities. Funder Finder is a free online tool which allows you to send one application to 130 lenders; simply sumbit your application, review the available finance options, and choose who to contact.