Access to Funding - Finance for SME's
Access to finance has traditionally been seen as a challenge at times for many SME’s, as well as a barrier to growth.
Continuous constraints imposed upon lenders caused by ever increasing regulation, coupled with economic uncertainty has resulted in smaller businesses experiencing difficulties securing funding.
Happily however, the market is changing. More alternative finance options than ever before are now available to SME’s, and the dawn of a new year is often a good time to explore new options for raising finance as well as reviewing existing funding arrangements.
No matter which stage your business is at, or which type of finance you are considering, the starting point should always be a careful analysis of your current and projected cash flow to establish the extent of any additional funds needed - it is a common mistake for businesses to underestimate or overestimate funds required to achieve their objectives.
This is a valuable discipline for any business, and our team would be very pleased to provide support with development of a business model to produce this analysis if required.
Once the extent of funds needed is known, then we can conduct a review of funding options best suited for your needs, based on our extensive market knowledge, and help steer you towards the sources that can help.
More alternative finance options than ever before are now available to SME’s, and the dawn of a new year is often a good time to explore new options for raising finance as well as reviewing existing funding arrangements.
For more information please contact a member of our team below.