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The British Business Bank have launched a new guide ‘Making business finance work for you’ aimed at smaller businesses to help them understand how different financial products can support them at all stages of their development.
It highlights the seven most common challenges businesses might face and the types of finance that could help to meet them:
- Starting a business
- Research and development
- Importing and exporting goods and services
- Protecting cash flow and working capital
- Debt consolidation
- Purchasing a major asset
- Scaling and growing a business
For further information please select the following link: British Business Bank (british-business-bank.co.uk)
Working out where to go to find finance and choosing the right type can be tricky.
Our finance area is here to help. Use our finance locator to find finance options relevant to your business, read guides explaining the different types of finance, find information about working with accountants and read about the Development Bank of Wales a unique lender to businesses in Wales: Finding Finance | Business Wales (gov.wales)