Can a start-up business access finance?

Whether an experienced entrepreneur or exploring your first venture, setting up a new business will attract start-up costs.  

Part of the plan for your business will be identifying how much funding is needed, where that funding might be sourced and if you can access any finance. 

It isn’t difficult to understand why a business with no trading history might struggle to attract funding opportunities. But the absence of proof of serviceability does not mean that a funding conversation should not take place, or even that it is impossible to access any finance. 

If you are thinking about starting your business, or have already started, are you considering any of the following: 

• Does my business need funding? 

• How much funding does my business need? 

• How do I secure funding for my business? 

• What types of funding can I apply for? 

• When should I apply for funding? 

• How long do I need to trade for to be eligible for finance? 

• What business assets can I secure funding against? 

• Can I buy business assets on finance? 

If you would like to explore funding options as part of your business start-up, contact the Bishop Fleming Funding Advisory team.