Need Funds to Start a Business?

Mar 29, 2016 |

Compared to 10 years ago, there currently is very little funding available for new businesses. Unfortunately, the government have recently recalled many of the programmes they were offering, such as grants for new businesses. What is still offered widely is start up loans. These of course have to be paid back, but are usually low interest and often the loan can be spread over a number of years. If you are out of work or on little income there may also be other benefits available to you to support you within the first few months of establishing your business and these can be found through your local job centre. There are still some industries in which grants are available and most of these are shown on the official government website. It is worth taking a look as you may be eligible for a start up lump sum to allow you to buy equipment and stock.

Posted in: Business Financing

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