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£10k Start up Funding available now -
05-11-2006, 11:43 AM
Wagerolling facilities are now available to any start up of six months or older, and offers up to £10k in funding. No personal guarantees or debentures over assets required.
This offer is available to all start-ups in any sector. |
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Re: £10k Start up Funding available now -
12-01-2008, 09:10 PM
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Re: £10k Start up Funding available now -
12-01-2008, 10:43 PM
It seems an utterly pointless form of finance to me.
The website clearly states that you must be 'creditworthy' in order to qualify for the service - if you were it would make far more sense to go to the bank, either as a personal or business customer - and that any finance provided can only be used with respect to wages and PAYE/NI. If, after 6 months, you can't afford to pay your staff (either from previous revenue, a contingency fund or an overdraft/loan you would have taken out to cover such eventualities) then your business isn't going to last long. |
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