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.
Start Up Loans is a government backed scheme, providing repayable loans and mentoring to individuals in the UK with a viable business idea but no access to finance.
Transmit Start-Ups is national Delivery Partner for the scheme. We are here to guide you through the application process, including advice on creating a business plan and cashflow forecast. We support hundreds of entrepreneurs every year.
Our Start Up Loans are designed to help you get your businesses up and running and are available to people living in England or Scotland aged 18 or over. You can apply for loans of up to £25,000, per person.
If you receive a loan we will then further support you with free mentoring and various exclusive business offers. There are no fees charged for obtaining a Start Up Loan or any of the services associated with it.
T: 0845 094 3670
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 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?
Funding What Are Business Angels?
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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