South Shields Business Funding & Business Finance

It wasn't that long ago that borrowing from your bank, friends, or relatives were 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. This fund allows you to apply for up to £25,000 per person - Find out more

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! To help you decide, we have created a free funding report...

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.

Request our FREE report which explains all of these 'new' funding choices in simple English.

We assure you that your information will be treated in the strictest confidence and that we will not sell/share it with anyone else or bombard you with spam.

Banking & Funding Articles

If you run your own business in South Shields and would like to learn more about the funding options for your business, we have compiled a library of useful resources and frequently asked questions which we hope that you will find both interesting and useful.

Latest Articles

South Shields Banking

Useful Start-Up Resources
If you 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 Business)

Leasing For Business

Who Are Leasing For Business? Leasing For Business have been involved in leasing and asset finance for 19 years, and have a portfolio of funders who want to lend, rather than banks who don’t! What Is Leasing? Leasing is an alternative line of credit. Leasing is a tax based funding option, which allows businesses to acquire equipment at an agreed fixed cost for an agreed fixed term. Who Can Lease Equipment? Lease finance is a Business to Business Funding Product. Whether you are a new start, growing, or established business, Leasing is an option open to your business. What Can Be Leased? Any type of equipment used in a business can be considered for lease funding. Recent examples include fit out costs, coffee machines, furniture, mobile fish and chip vans, beer kegs, commercial kitchen and catering equipment, the list is endless! What Are The Benefits of Leasing? There are numerous benefits of leasing a product. The four main ones are; 1. The Biggest Benefit You Take From The Product, Is In The Use Of It, NOT In The Ownership. 2. Leasing Conserves Cash Reserves. Leasing enables you to acquire the solution you need without making a substantial lump sum cash payment. This can then be used to better effect elsewhere in the organisation – such as product development, new staff or new business opportunities. 3. Leasing Is Tax Efficient. If you pay corporation tax, leasing can be particularly attractive. Payments may be deducted from taxable profits and so the net cost of leasing the equipment is reduced. 4. Leasing Can Provide 100% Financing. In most cases, all of the costs of a solution can be covered in your payments. We will finance equipment and services from a variety of suppliers, thereby simplifying your payments. Contact: Eddie Lambrick or ring 07944 356547

Start Up Loans

Do you have a great business idea, or have you been trading for less than 24 months? Are you looking for finance and support to help develop your business? If you answered yes, then a government-backed Start Up Loan could help.The first step is to check that you are eligible, and if so, to get in touch with us by filling out our quick online registration form, giving us some basic contact information.

Barclays Bank Plc
Start your business banking with Barclays. Extra free support beyond banking essentials that will help you start your business. Tel: 0845 605 2345

Business Growth Fund
BGF was established in 2011 to help Britain's growing smaller and medium sized businesses. Backed by five of the UK's main banking groups - Barclays, HSBC, Lloyds, RBS and Standard Chartered - BGF is an independent company with up to £2.5bn with which to make long-term equity investments. BGF also works closely with other key business organisations. Tel: 0845 266 8860

The BVCA is the industry body and public policy advocate for the private equity and venture capital industry in the UK. Our members come from venture capital, through mid-market, to private equity/large buy-out houses from all over Britain. Tel: 020 7420 1800

Factoring Advice Service
Information on how factoring and invoice discounting work, the advantages and disadvantages, different types of factoring and invoice discounting, the cost, and how to choose a factor or discounter. Tel: 0800 597 4757

Starting a business is rewarding but tough, so we're on hand to help you succeed with support from local Business Specialists, online resources in the Knowledge Centre and Business Network, our award winning Business Internet Banking and 18 months free business banking (check for up to date offers). Tel: 0800 731 8904

Lloyds TSB
We understand how daunting starting your own business can be, that?s why we?ll give you a named manager to support you, a range of free guidance services to get you off on the right foot, and 18 months free day-to-day banking*; so you can spend less time worrying about your banking and more time building your business. (* See website for current offers). Tel: 0800 056 0056

Starting out in business can be a tough time. So to help you get up and running, we have a full range of benefits to get you started. When you become a new business customer, we'll give you 2 years free banking, if you have been in business for less than 12 months*. (* Check website for current offers). Tel: 0800 096 8823

Santander UK plc
There is plenty of advice and support available to those looking to start out on their own in business - you just have to ask for it! Santander have a dedicated team of Local Business Managers working within your community to make sure you have the facilities and support you need. And when we say local we mean it! My name is John Mansel and I am the manager for North and South Tyneside. This is an exciting area with lots of business opportunity and I am keen to see as many businesses thrive as possible. I can be contacted directly on 07803377307. Tel: 8456070666

Small Business Finance Directory
Lists sources of commercial finance for small businesses, including leasing and hire purchase arrangements, commercial mortgages, and invoice discounting and factoring. It includes banks and other finance companies providing finance direct to small businesses and commercial finance brokers who act as introducers. Tel:

Add Your Business
Start Up Funding

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