Business Funding & Business Finance Kent

Interest Free Credit: Looking for business finance? If you’re anything like most SME owners, you’ve probably lost sleep over at least one of these scenarios: Cashflow problems, not having enough cash in your business to function smoothly. Not knowing how to grow your business or how to fund the expansion. Needing funds to invest on updating your equipment and technology. Pulling your hair out due to late payments or bad debt from customers. Your slow season is getting longer and busy season shorter leaving a massive cash gap. These are valid worries. Cash can disappear and be agonizingly slow to come in, and sometimes a loan feels like the best option to help you through those times….. is it though? BBX doesn’t replace your cash business but gives you additional revenue by selling your spare capacity within the BBX community.

Established law firm Wright Hassall have put together an extremely comprehensive guide to funding for start-ups. It covers: personal funding, loans, start-up incubators, crowdfunding, angel investors, seed funding, asset financing, debt funding, community and scocial schemes, grants, and local enterprise networks. Well worth a read if you need to raise additional funds for your business.

Start Your Own Business has partnered with Transmit Startups to deliver the Start Up Loans scheme to UK entrepreneurs. 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. We will help you through the application process, including advice on creating a business plan and cashflow forecast. There are no fees charged for obtaining a Start Up Loan or any of the services associated with it.

So, you’re a startup founder and you’ve got a brilliant idea for a business. Your idea, should it come to fruition, is going to disrupt the industry or change the world (as the folks in Silicon Valley like to say). You know that turning this idea into a successful company and product requires hard work, a lot of knowledge, a little luck, and of course…money! The question is: how do you get startup funding? This post goes through the main funding options available to you.

KIN comprises a group of experienced business people who co-invest, assist and when requested advise growing companies. Since its formation KIN has built up strong links with various institutions in Kent including Kent County Council, its enterprise investment initiatives and leading lawyers, accountants and M&A advisors in the County.

Arguably the biggest challenge in leaving your secure well-paid job behind and starting out on your own is funding. You have rent to pay, food to eat and a business to launch! Unfortunately, unless you’re already well off, you will need to go through a difficult phase of not earning and needing to spend money on material, coders, marketing and more. This first phase is the ‘bootstrapping’ phase. You cannot raise money on an idea or a business plan. You need a lot more. If you are seeking investment, Kent Investors Network welcomes you to get in touch. We’re also growing our investor base so if you are interested please contact christina@inen.global.