2. Julie Kelly Community Development Manager RBS 0161 795 8382
[email protected] 3. Phil Mundy Salford Money Line 0161 736
6500 www.moneylinegm.co.uk 4. Access To Finance Jonathan
NelsonAccess to Finance Specialist Business Link Northwest 5. Loan?
Overdraft? Asset Finance? Invoice Discounting? Venture Capital?
Business Angel? Grant? Bridging finance? Enterprise Finance
Guarantee? Public Sector Finance? 6.
discuss business and finance plans
review financial performance
produce a finance report
research appropriate finance products
research appropriate finance service providers
instigate introductions to lenders, investors and service
providers
Business Link Access to Finance Specialist Team 7. 60%working
capital 10% investment in plant, machinery or equipment 11% new
product launch 5% restructure finances 4% research &
development3% business acquisitionproperty repairs/alterations,
purchase premises, new markets... Types of finance needed 8.
More businesses are becoming receptive to equity
investment
Businesses are unclear about the availability of finance
both from Banks and the public sector
Lenders can be unaware about the availability of
public sector finance
Lenders now require more information to assess an
application than before
9.
NWDA Small Business Loans 3,000 to 50,000 plus Women in
Business
NWDA Transitional Loan 50,000 to 250,000
The Social Enterprise Loan Fund -up to 250,000
NW Business Angels 10,000 to 500,000
Grant for Improving Resource Efficiency, 50% capital investment
cost, max
200,000
Innovation Vouchers 3,000, (next round3 August 2009 - 28 August
2009)
Grant for Business Investment, 10% to 45% of project cost
(minimum grant
10,000)
Research & Development Grants 35% to 65% of project cost
(minimum
grant 5,000 to maximum 500,000)
Aspire Fund equity investments 100,000 to 1,000,000 on a
co-
investment basis
Capital for Enterprise Fund 200,000 to 2m mezzanine/equity
finance
Some Sources of Public Sector Finance 10. Access to Finance
www.businesslink.gov.uk /northwest- How we help - Access to Finance
11. www.nwda.co.uk /finance 12. Contact us
