South Shields Business Banking & Business Finance
Do you run a small business in South Shields and need a business bank account or to obtain funding for your business?
Making sure that your business has sufficient funding in the early stages is critical and there are a number of money based subjects that you need to consider.
TEDCO helps new and established businesses by providing information
and advice on every aspect of running a business, including: start-up, survival,
success and growth.
We operate in Tyneside, Northumberland, Newcastle and Darlington and in a typical
year, we help people to create more than 300 new businesses and assist over
500 businesses to develop and grow. If you’re thinking of starting your
own business, we can provide you with a place to talk about your idea, someone
to challenge, critique and help mould your idea into a viable business plan.
Our ‘Ready for Business’ Programme can also help you to become ‘investor
ready’ and support you to access finance to further grow and develop your
product or service. Our bespoke package of services supports the development
of a structured business plan to act as a springboard for your business success
as well as improve the chances of loan funding being secured.
The programme includes:
- An introductory seminar exploring self-employment
- One to one assessment with a business advisor, with the production of a business
- An intensive support programme
- Dedicated support in an application for bank funding
- On-going support after business start-up
TEDCO can also provide space for your business, we have three business centres
in South Tyneside offering a range of workshop, manufacturing and office units,
all available on flexible terms. We can also provide virtual office services,
with packages specifically designed for start-up businesses.
Do You Need Money To Start Your Business?
It wasn't that long ago that borrowing from your bank, friends, or relatives were pretty much the only available options if you need to raise money to start your business. How times have changed!
While some high street banks are still an option for a robust proposition with match funding or the security of the equity in your home, many start-ups have found that traditional bank overdrafts and loan facilities are no longer a realistic hope.
Thankfully, a whole new world of 'alternative funding' is emerging. You may or may not have heard (apparently 95% of UK businesses survey haven't) of equity based crowd funding, reward based crowd funding, peer-to-peer lending, pension-led funding, invoice trading, debt-based securities business angels and private investing (as seen on TV's Dragon's Den).
The government also recognises that start-ups can play their part in the economy as potential tax payers and employers hence the introduction of the start-up loan company.
Grants - some areas do have grants available to aid new businesses. They tend to be location and/or sector dependent but a fanstatic boost for anyonee who qualifies.
The only problem now is knowing which of these is likely to be best for you!
Free Funding Report
If you need to raise some money for your new or existing business and would like to know what options are open to you (without any obligation), please complete and submit this simple form.
We will also send you a FREE guide which explains all of these 'new' funding choices in simple English.
As you will see, no personal details need to be revealed apart from your e-mail address. We assure you that this will be treated in the strictest confidence and that we will not sell/share it with anyone else or bombard you with spam.
Your business banking questions answered
The answers to 100's of the most frequently asked business questions can also be found, including..
Card Payment Systems
Card Payments Accepting Card Payments (without a contract)
Car Lease To lease or not to lease that is the question
Finance Tips on Financing a New UK Business
Funding Raising finance for your small business
Funding Grants for small business and new business start ups
Cashflow Managing Cash Flow for Small Businesses
Funding Sources of finance
Funding Equity or Debt?
Funding Do You Have Enough Capital?
South Shields Business Banking
If you offer a product or service that can help new business start ups or existing small businesses in the South Shields area, we would love to promote you here free of charge. (Add Your Link)
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