Sub-topic
Funding options and support
The Development Bank of Wales funds businesses that they think will benefit Wales and its people.
Accountant information
Types of finance and how to apply
A loan is an amount of money borrowed for a set period within an agreed repayment schedule.
Business angels invest in businesses in exchange for a share of the business’ equity. Most business angels invest between £10,000 and £750,000.
Crowdfunding - also known as crowd financing or crowd sourced capital - is an alternative form of business angel investment. Usually conducted online, it allows a number of investors to individually invest smaller amounts of money into a business.
Making purchases with plastic cards is a convenient and flexible option for many businesses.
Factoring - also known as 'debt factoring' - involves selling your invoices to a factoring company. In return they will process the invoices and allow you to draw funds against the money owed to your business.
You may want to ask relatives and friends for support when you need additional business funding.
A grant is a sum of money given to an individual or business for a specific project or purpose.
Your business might need to acquire assets (like furniture, computer equipment or company vehicles) or capital equipment, such as plant or machinery.
Business owners often approach banks for loans, but banks are not the only option. Other lenders may be more competitive or more suitable for your business.
An overdraft is a sum of money extended to you as credit by your bank, set at a pre-arranged limit when your account balance drops below zero.
The Start Up Loans Company is a UK-wide, government backed scheme, which offers a repayable loan to individuals over the age of 18 who have a viable business idea but no access to finance.
Venture capital funding is a form of private equity investment where a business obtains long-term investment in exchange for a share of its equity.