Access To Finance

Introduction

Every business needs cash to keep the business going. It’s like having fuel in the tank; without it, the engine grinds to a halt. Some businesses manage with a minimal amount; others need a lot at the start to get it going, while others go through particular thirsty times. All businesses need it. Our experience is that speaking to the banks can be daunting and not always straight forward. We can act as interpreters and advocates for your business and are experienced at getting the results.

Loans

The Access2Finance team can help source any financial needs you have through their extensive contacts, but we can also source finance through our own loan fund. Loans up to £60,000 are available to businesses that have been unable to access the finance from the conventional sources.

Intensive Business Support

In addition to the extensive experience of working with all types of businesses and helping them to source finance, we also provide intensive business support that has been proven to give businesses a better chance of success. Fewer of those businesses that we have supported in this way have failed. We will meet with you, the business owner, and provide impartial targeted and critical advice about ways to improve the effectiveness of your business. We can provide book keeping services and other advice that is necessary to make your business succeed.

Professional Services

Professional services is a unique service available to all businesses within the Bradford district to enable them to improve their competitiveness and effectiveness in the market through targeted funding in areas of professional business development. It will support your business by paying for consultancy services, websites, marketing, design, product development, accountancy and company restructuring. In addition to this you get the benefit of an advisor who can assist you to diagnose the most appropriate support that your business may need to help sustain or create jobs.

Brokerage – sourcing finance

The Access2Finance team can help you source finance through their extensive contacts with banks, financial institutions and government backed schemes. This may mean conventional loans, or asset finance, stock finance, the Enterprise Finance Guarantee scheme, factoring or confidential invoice discounting. There are a number of ways of getting the funding your business needs and we have the expertise and experience to help with this.

In order to identify your company’s financial requirements we would normally perform a financial health check on the business. If you are starting up we would assist with cash flow projections. We would then help to establish the exact needs of the business financially and look to find the most appropriate source of finance.

The advantage with using our services are that we have no interest in selling to one financial institution above another, we are independent. And the service is free to those companies based in the Bradford Metropolitan District. Also, because we provide loans ourselves, we know what is required to make the case for a loan and to demonstrate in an impartial way the benefits of your business.

Help with getting a Bank Account

Getting a loan may not necessarily be the problem. For some sole traders getting a bank account can be difficult. We have had an excellent track record over the years of helping people with bad credit history open business bank accounts to enable them to trade (as well as keeping their business finances separate from their personal finances).

Who to Contact

In the first instance you can go to our website www.access2finance.org.uk

Or you can call us on 01274 207217

Or you can email us at info@access2finance.org.uk