VentureNavigator

6 Answers

1. What line of business are you in?
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   Answered by Richard Holloway, March 2008   -  Contact this person
2. Approach your bank and if its a bankable ideas you will get a finance provided you have good credit ratings.
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   Answered by Akin Ekundayo, April 2008   -  Contact this person
3. You have various options open to you. There are plenty of resources avaliable to you from your local Chamber of Commerce. I would suggest approaching them for advice. Are you from the West Midlands? There is an organisation called Business Link that allocates funding under certain conditions to startups. Contact them.
   
   I would also suggest that you find an accountant.
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   Answered by Sunil Thaper, April 2008   -  Contact this person
4. Added to the above, the EMDA are starting a new series of business loans from £3,000 to £20,000 available to small business who cannot get funding from the usual sources (banks etc) in June 2008. They aim to help 1,000 businesses within the next 10 years, so that's worth a try. I think BusinessLink and The Chamber of Commerce are something to do with distributing it. I'm going for it, anyway!
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   Answered by Lynne Tanner, May 2008   -  Contact this person
5. It depends what level of funding you require and how robust your business plan. There are an array of start-up grants which may be available and, as already stated, if it's a solid proposition you may get bank finance. If you have fully utilised your own resources and collateral you may get a bank loan supported by the Small Firms Loan Guarantee Scheme (accessed through your bank). If you are prepared to give away equity and your plan shows strong growth, business angel finance may be the best route to go - often in conjunction with bank loans. There are several firms which can provide angel finance and they will usually help with the business plan.
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   Answered by Tim Walker, May 2008   -  Contact this person
6. I work for a company, Striding Out, which supports entrepreneurs to achieve their ambitions, by providing the right information, support and resources throughout the different stages of the business journey from start-up to growth. As an organisation we regularly undertake research to better understand the challenges and opportunities business owners face. We may able to help you.
   
   Have a look on our web site: www.stridingout.co.uk or let me know about your interest.
   
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   Answered by Nicolas Cheret, May 2008   -  Contact this person