Whether you’re a new business entrepreneur or a start-up company looking to expand further, there are several ways to secure business funding.
Usually granted to well-established businesses that can provide security to borrow against and can prove a prior history of credit, stability and financial growth. These criteria make it hard for a start-up business to qualify, even if it’s only for a small loan. Add to that bank and credit companies’ reluctance to lend money in today’s struggling economy, and approval for high-risk loans is becoming more improbable.
A third source of business funding is equity. Business angels, or private investors, can provide start-up equity, called seed capital. For young companies, private equity investors are a great source for securing initial financing. Business angels usually provide seed capital in the range from £10,000 to £400,000, plus business angels offer their business expertise and contacts to help their investments grow.
Grants – Capti strategy & innovation consultants are specialists in Innovate Grants
UK and EU grants are the cheapest way to finance a start-up company but the paperwork-heavy processes can often be headache inducing, this is where Capti strategy & innovation consultants stand ready to support any application or competition relevant to your business. Often grant applications require some match funding & this is where Capti can help to introduce you to venture captial investors who specialise in disruptive innovation startups.