Best ways to finance a business

[wal2705]

hi, i'm just starting a business, and need roughly 10k to start it, what are the best ways to go about financing this?

Bank?


Cheers

[FYI]

Specifics:
Business type?
Business Status - Ltd/sole trader?
Longevity - Turn around or long term?
Credit status - Average or bad?

and yes also, as per PeteA suggests....

[mark611]

Originally Posted by wal2705

hi, i'm just starting a business, and need roughly 10k to start it, what are the best ways to go about financing this?

Bank?


Cheers

you have a few options:
-you can get a government grant, especially if your business contributes to the community.
-Get a business loan from a bank, you need a good business plan and favourably some collateral.
-Get an investor/partner to invest in exchange for some equity in the business.

[shaunudal]

First of all check your CCjs and then apply business loans from any bank which are charging low interest rate.

[miketombs]

Sell the yacht that you've got moored in Bermuda. (I'm presuming you've got a yacht - you didn't really provide a lot of information.)

[solutions4finance.com]

Hi!

Congratulation on taking the plunge!

You say that you need £10k finance to start up, but you don't say what the £10k is to be used for.

If the money is required to fund the purchase of assets, then we may be able to help.

MP Taylor & Associates are business asset finance brokers; we help businesses to grow by funding the purchase of essential new equipment.

We can, in effect, fund virtually any equipment with a value in excess of £1000. Some examples of equipment that we fund are

Office Equipment
Photocopiers
Catering Equipment
Computers
Software and Websites
Recycling Equipment
Marine Finance
Aviation Finance
Hair Removal Equipment
Earth Moving Equipment such as JCB's, Caterpillar etc
Manufacturing Plant and Equipment
Printing Equipment
Vehicles

You name it, and we should be able to finance it!

If your money is required to fund equipment then we can help you. Please call me to chat over what you need, or contact me through the website

Good luck!

Justin
01626 333 373

www.solutions4finance.com