#A
,MAK+ BUSI;S F9.E
"W = Y
,BRITI% ,BUSI;S
,BANK
BRITI%-BUSI;S-"
BANK4CO4UK
"33333333333
,WE "K T "U/&+ ! _M DI6]5T
TYPES ( F9ANCIAL PRODUCT 9 !
M>KETPLACE & H[ !Y CD
SUPPORT YR BUSI;S C 2
DI6ICULT4
,\R ^7,MAK+ BUSI;S F9.E "W
= Y^' GUIDE IS DESIGN$ TO
HELP Y MAKE AN 9=M$ *OICE AB
A3ESS+ ! "R TYPE ( F9.E = YR
BUSI;S4
,9 ? GUIDE WE'VE HI
T+ A BUSI;S #B
,3T5TS
#A4 ,/>T+ A BUSI;S ---- #B
#B4 ,RESE>* & DEVELOP;T #AD
#C4 ,IMPORT+ & EXPORT+
GDS & S]VICES ------- #BB
#D4 ,PROTECT+ CA% FL[ &
"W+ CAPITAL --------- #BG
#E4 ,DEBT 3SOLIDA;N --- #DB
#F4 ,PUR*AS+ A MAJOR
ASSET --------------- #DF
#G4 ,SCAL+ & GR[+ A
BUSI;S -------------- #EC
,3TACT ---------------- #FA
"33333333333
"3#E
#A4 ,/>T+ A BUSI;S
,/>T+ A NEW BUSI;S
"TUPLOANS4"
CO4UK_/AN-ESS5TIAL-GUIDE-"
TO-/>T+-A-BUSI;S_/"> (T5
REQUIRES CAPITAL ,- M"OY T
IS US$ TO HELP RESE>* YR
BUSI;S IDEA1 CR1TE A
PROTOTYPE PRODUCT1 OR
PUR*ASE EQUIP;T OR MA*9]Y T
YR NEW BUSI;S W USE4
#E #A4 />T+ A BUSI;S #C
,/>T+ A NEW V5TURE C 2
?RILL+ ,- YET AL F9ANCIALLY
*ALL5G+ = NEW BUSI;S [N]S4
,(T51 ! F/ HURDLE T BUDD+
5TREPR5EURS FACE IS SECUR+ !
NEC FUNDS TO BR1! LIFE 9TO
_! BUSI;S DR1M4
,"! >E _M R1SONS A />T-UP
REQUIRES 9ITIAL FUND+1 S* Z3
^7,RESE>* & DEVELOP;T3^'
"U/&+ ! M>KET & POT5TIAL
CU/OM]S IS IMPORTANT4 ,FUND+
C 2 US$ = 3DUCT+ M>KET
/UDIES1 SURVEYS1 & TE/S T
(F] 9SIE
DEVELOP;T TOOLS
^7,9V5TORY & /OCK3^'
RETAIL]S & MANUFACTUR]S MIT+ A BUSI;S #D
PUR*ASE /OCK OR RAW
MAT]IALS1 5SUR+ !Y'RE R1DY
TO MEET CU/OM] DEM&
^1,OP]A;NAL ^1EXP5SES3
R5T = A PHYSICAL LOCA;N1
UTILITIES1 9ITIAL SAL>IES =
ESS5TIAL /AFF1 & SETT+ UP A
FUNC;NAL "WSPACE C REQUIRE A
SUB/ANTIAL UPFRONT 9VE/;T
^7,M>KET+ & BR&+3^'
BUILD+ AW>E;S C 2 IMPORTANT
= ANY NEW BUSI;S1 S* Z FUND+
M>KET+ CAMPAIGNS1 CR1T+ A
BR& ID5T;Y1 & E/ABLI%+ AN
ONL9E PRES;E
^7,LIC;ES & 9SUR.E3^'
COMPLY+ ) REGULA;NS C M1N
SECUR+ C]TA9 LIC5SES OR BUY+
REQUIR$ 9SUR.E1 S* Z FOOD
SAFETY OR PUBLIC LIABIL;Y
9SUR.E
^1,3T+5CY3 A F9ANCIAL
SAFETY NET C 2 9VALUABLE
DUR+ UN=ESE5 *ALL5GES :5
/>T+ UP TO 5SURE T Y DON'T
RUN \ ( CA%4
#F #A4 />T+ A BUSI;S #E
,_M NEW BUSI;S [N]S USE _!
P]SONAL SAV+S OR M"OY
PROVID$ BY FRS OR FAMILY4
,Y MILIE/ /AGE ( FUND+ NE$$ TO
/>T A BUSI;S4
,X IS PROVID$ TO BUSI;S
[N]S LOOK+ TO EXP& ON AN
9ITIAL BUSI;S IDEA OR 3CEPT4
,X IS (T5 US$ = ACTIVITIES
S* Z 3DUCT+ M>KET RESE>*
"<,:AT IS M>KET RESE>*8 ,-
,/>T ,UP ,LOANS ,COMPANY"> &
CR1T+ PROTOTYPES "TUPLOANS4CO4UK_/"
BUSI;S-GUID.E_/H[-TO-BUILD-"
A-PROTOTYPE-=-A-/>TUP-"
BUSI;S_/"> OR M9IMUM VIABLE
PRODUCTS "<,,MVP,'S">4
#G #A4 />T+ A BUSI;S #F
,PRE-SE$ FUND+ (T5 COMES F
A BUSI;S [N]'S P]SONAL SAV+S
Z WELL Z F FRS OR FAMILY
MEMB]S4
,F9D \ M AB PRE-SE$
CAPITAL "TUPLOANS4CO4UK_/BUSI;S-"
GUID.E_/:AT-IS-PRE-SE$-"
FUND+_/">4
"3#G
,"! >E DI6]5T S\RCES (
PRE-SE$ CAPITAL T Y C
EXPLORE :5 SEEK+ FUND+ = YR
/>T-UP BUSI;S1 9CLUD+ ANGEL
9VE/;T1 BUSI;S LOANS &
CR[DFUND+4
,ANGEL 9VE/;T
,BUSI;S LOANS
,CR[DFUND+
.7,/>T ,UP ,LOAN4.'
,? IS A GOV]N;T-BACK$1 L[-
9T]E/ P]SONAL LOAN TO HELP
/>T OR GR[ A BUSI;S4
,ELIGIBLE ,,UK-BAS$ F.D]S
/>T+ A NEW BUSI;S OR ^?
TRAD+ = NO M ?AN #CF MON?S C
#G #A4 />T+ A BUSI;S #G
BORR[ UP TO @L#BE1JJJ1 ) A
FIX$ 9T]E/ RATE ( #F.0 P]
ANNUM4
,"! IS A RANGE ( PRE & PO/
LOAN SUPPORT ON (F] 9CLUD+
,LE>N ) ,/>T ,UP ,LOANS
"TUPLOANS4"
CO4UK_/LE>N-)-/>T-UP-LOANS"
_/"> & \R ,BUSI;S ,GUID.E
5CYCLOPA$IA "TUPLOANS4CO4UK_/"
BUSI;S-GUID.E_/"> :IL/
SU3ESS;L APPLICANTS AL RCV
#AB MON?S ( FREE M5TOR+4
,BUSI;S [N]S :O H ALR
SECUR$ A ,/>T ,UP ,LOAN & H
BE5 TRAD+ = NO M ?AN FIVE
YE>S MAY 2 ELIGIBLE = A
SECOND LOAN4
,Y AL H ! OPPORTUN;Y TO
TRAN*E YR LOAN1 DRAW+ D[N "P
( YR LOAN F/1 & !N ! RE/
LAT] IF Y NE$ X4
,F9D \ M AB A ,/>T ,UP
,LOAN "TUPLOANS4CO4UK_/:AT-IS-A-"
#H #A4 />T+ A BUSI;S #H
/>T-UP-LOAN_/">4
.1,WOR? .1"K+4
,/>T ,UP ,LOANS (F]S A
GOV]N;T-BACK$ L[-9T]E/
P]SONAL LOAN ( UP TO
@L#BE1JJJ TO HELP F.D]S />T
OR GR[ A BUSI;S4
"3#H
,DEBT F9.E4
,? 9VOLVES A BUSI;S BORR[+
AN AM.T ( M"OY OR PUR*AS+ AN
ASSET ) F9.E T IS PD BACK )
9T]E/ OV] AN AGRE$ P]IOD (
"T4
,COMMON =MS ( DEBT F9.E
9CLUDE3
.1,LOANS4
,BUSI;S LOANS >E USUALLY
(F]$ BY A RANGE ( PROVID]S
,- F HI< /REET BANKS TO
SPECIALI/ BUSI;S L5D]S ,- &
MAY 2 SECUR$ OR UNSECUR$4
,SECUR$ LOANS USE ASSETS
YR BUSI;S [NS ,- S* Z
PROP]TY OR MA*9]Y & /OCK Z
#H #A4 />T+ A BUSI;S #I
SECUR;Y
,UNSECUR$ LOANS C 2
BORR[$ )\T US+ ANY ASSETS Z
SECUR;Y4 ,Z A RESULT1
UNSECUR$ LOANS TYPICALLY H
HI<] 9T]E/ RATES ?AN SECUR$
LOANS Z !Y >E M RISKY ?AN
SECUR$ L5D+4
,L5D]S TYPICALLY LOOK =
BUSI;SES ) A TRAD+ HI/ORY &
A PROV5 TRACK RECORD4
,? M1NS T E>LY-/AGE />T-
UPS MAY /RU7LE TO GET A
LOAN4
,IF T'S ! CASE A F.D] MAY
WANT TO 3SID] A ,/>T ,UP
,LOAN "TUPLOANS4CO4UK_/:AT-IS-A-"
/>T-UP-LOAN_/"> : C CAT] TO
^? :O H BE5 TURN$ D[N = F9.E
ELSE":4
,"! >E AL "S L5D]S1 S* Z
,COMMUN;Y ,DEVELOP;T ,F9.E
,9/ITU;NS "<,,CDFI,'S">1 T
3SID] APPLICA;NS F BUSI;SES
) LIMIT$ ASSETS1 TRAD+
#H #A4 />T+ A BUSI;S #AJ
HI/ORIES OR TRACK RECORDS4
,F9D \ M AB BUSI;S LOANS4
.1,OV]DRAFTS4
,AN OV]DRAFT IS A L9E (
CR$IT ON YR BUSI;S BANK A3.T
T PROVIDES A3ESS TO M %ORT-
T]M FUND+ ?AN YR BUSI;S'S [N
CAPITAL4
,UNLIKE LOANS : H A FIX$
REPAY;T FEE1 Y ONLY PAY
9T]E/ ON ! AM.T Y'RE
OV]DRAWN4
,H["E1 ! BANK W USUALLY
*>GE A FEE = >RANG+ !
OV]DRAFT1 & IF Y'RE LATE OR
MISS A REPAY;T1 Y'LL 2 *>G$
A FEE T CD A6ECT YR CR$IT
RAT+ "<,:AT IS A BUSI;S
CR$IT SCORE8 ,- ,BRITI%
,BUSI;S ,BANK "">4
,OV]DRAFTS G5]ALLY H A
HI<] 9T]E/ RATE ?AN BUSI;S
LOANS4
,F9D \ M AB OV]DRAFTS
"T+ A BUSI;S #AA
BUSI;S-BANK4CO4UK_/F9.E-"
HUB_/BUSI;S-OV]DRAFT_/">4
"3#I
,EQU;Y ,F9.E4
.1,ANGEL .1,9VE/;T4
,ANGEL 9VE/ORS >E (T5
E/ABLI%$ 5TREPR5EURS OR P )
EXT5SIVE BUSI;S EXP]I;E :O
USE _! [N M"OY 9 EX*ANGE =
AN EQU;Y /AKE 9 YR BUSI;S4
,? M1NS T 9 EX*ANGE =
9VE/+ _! M"OY 9 YR />T-UP1
!Y W [N A P]C5TAGE ( YR
BUSI;S4
,Z WELL Z FUND+1 ANGEL
9VE/ORS C PROVIDE VALUABLE
BUSI;S GUID.E & A3ESS TO A
NET"W ( 3NEC;NS T MAY AL
PROVE V VALUABLE4
,X'S TYPICAL = AN ANGEL
9VE/OR TO WANT "S 9PUT 9TO !
BUSI;S'S DECI.N MAK+ S A
F.D] %D 2 PREP>$ = ?4
,! ,SE$ ,5T]PRISE ,9VE/;T
,S*EME "<,,SEIS"> "T+ A BUSI;S #AB
_/_/WWW4GOV4UK_/GUID.E_/"
V5TURE-CAPITAL-S*EMES-"
APPLY-TO-USE-!-SE$-"
5T]PRISE-9VE/;T-S*EME"> (F]S
TAX RELIEF 9C5TIVES TO ANGEL
9VE/ORS TO 5C\RAGE 9VE/+ 9
SMALL] BUSI;SES4
,! ,F9.E ,HUB HAS A
*ECKLI/ "<,ANGEL ,9VE/;T
*ECKLI/ ,- ,BRITI% ,BUSI;S
,BANK ""> ( ! /EPS Y
MIE YR BUSI;S = ANGEL
9VE/;T "<,ANGEL 9VE/ORS ,-
,BRITI% ,BUSI;S ,BANK
""> & LE>N M AB ANGEL
9VE/ORS & _! POT5TIAL
B5EFITS = YR />T-UP4
.1,EQU;Y .1CR[DFUND+4
,? 9VOLVES LI/+ YR BUSI;S
ON AN ONL9E PLAT=M T ALL[S
9VE/ORS & MEMB]S ( ! PUBLIC
TO BUY %>ES 9 YR BUSI;S4
,"! >E V>I\S EQU;Y
#I #A4 />T+ A BUSI;S #AC
CR[DFUND+ PLAT=MS "4
,!Y ALL[ Y TO R1* P :O
MIANTEE (
SU3ESS & PLAT=MS (T5 *>GE A
SU3ESS & LI/+ FEE4
,! ,5T]PRISE ,9VE/;T
,S*EME " & ,SE$
,5T]PRISE ,9VE/;T ,S*EME
"<,,SEIS"> "<,APPLY TO USE !
,SE$ ,5T]PRISE ,9VE/;T
,S*EME TO RAISE M"OY = YR
COMPANY ,- ,,GOV4,,UK
""> (F] TAX
RELIEF 9C5TIVES TO CR[DFUND+
9VE/ORS4
,F9D \ M AB EQU;Y
CR[DFUND+ "4
#AJ #B4 R@&D #AD
.1,MEZZAN9E .1F9.E4
,? IS A HYBRID =M ( FUND+
T BL5DS DEBT & EQU;Y F9.E4
,A F"U (F]S A BUSI;S A
LOAN : ! BUSI;S AGREES TO
REPAY ) 9T]E/4
,H["E1 %D ! BUSI;S 2
UNABLE TO MEET ! REPAY;TS1 !
DEBT CD 2 3V]T$ 9TO %>ES 9 !
COMPANY4
,X'S G5]ALLY US$ = L>G]
FUNDS ?AN ^? REQUIR$ BY A
SMALL] />T-UP BUSI;S4
,F9D \ M AB MEZZAN9E F9.E
"<,IS MEZZAN9E F9.E "R = YR
BUSI;S8 ,- ,BRITI% ,BUSI;S
,BANK "4
"33333333333
"3#AJ
#B4 ,RESE>* &
DEVELOP;T
,RESE>* & DEVELOP;T
"<,R@&,D"> IS :5 A BUSI;S
#AJ #B4 R@&D #AE
DEVELOPS 9NOVATIVE PRODUCTS1
S]VICES1 OR PROCESSES4
,= _M />T-UPS1 "PICUL>LY
^? 9 TE*NOLOGY-DRIV5 OR
9NOVATIVE SECTORS1 ,R@&,D
PLAYS A C5TRAL ROLE 9 _!
BUSI;S IDEA ) FUND+ US$ = A
RANGE ( 9ITIAL ,R@&,D
ACTIVITIES S* Z3
,IDEA VALIDA;N3 ,R@&,D
ALL[S 5TREPR5EURS TO TE/ !
F1SIBIL;Y ( _! BUSI;S IDEA4
,X C 5SURE T ! PRODUCT OR
S]VICE FILLS A G5U9E M>KET
GAP & MEETS CU/OM]
EXPECTA;NS
,TOOL+ & TE*NOLOGIES3
DEVELOP+ AN 9NOVATIVE
PRODUCT C M1N 9VE/+ 9 NEW
TE*NOLOGIES1 TOOLS1 OR
ME?ODOLOGIES
,PROTOTYP+ & TE/+3 2F A
PRODUCT HITS ! M>KET1 X MAY
"UGO S"EAL IT]A;NS1 & FUND+
C SUPPORT ! CR1;N (
PROTOTYPES & TE/+ TO REF9E !
#AA #B4 R@&D #AF
F9AL PRODUCT
,SPECIALIS$ SKILLS3
,R@&,D MAY NE$ ! EXP]TISE (
PR(ES.NALS :O POSSESS
SPECIALI/ SKILLS1 & SAL>IES
C 2 CO/LY
,9TELLECTUAL PROP]TY3
PROTECT+ 9NOVA;NS "? PAT5TS1
TRADEM>KS1 OR COPY"RS C
9VOLVE SIGNIFICANT LEGAL
CO/S
,M>KET RESE>*3 "U/&+
CU/OM] NE$S C 9VOLVE M>KET
RESE>*1 SURVEYS1 &
POT5TIALLY EV5 FOCUS GR\P
/UDIES
,FUND+ IS USUALLY NE$$ =
,R@&,D ACTIVITIES2 ) A RANGE
( SPECIALI/ FUND+ S* Z
GRANTS T >E DESIGN$ TO HELP
) ,R@&,D CO/S4
"3#AA
,R@&,D GRANTS4
,? IS M"OY US$ TO FUND
,R@&,D PROJECTS T DOESN'T H
#AA #B4 R@&D #AG
TO 2 PD BACK4
,! GRANTS C FUND
ACTIVITIES S* Z GETT+ HELP F
EXP]TS & A3ESS+ SPECIALI/
EQUIP;T TO CR1TE PRODUCT
PROTOTYPES4
,! GOV]N;T PROVIDES ,R@&,D
GRANTS "? ,,UK ,RESE>* &
,9NOVA;N "<,,UKRI ,- ,,UK
,RESE>* & ,9NOVA;N">1 : BR+S
TGR SEV5 RESE>* C\NCILS
"1 ,RESE>* ,5GL&
"*-5GL&_/">1 &
BUSI;S-L$ 9NOVA;N AG5CY
,9NOVATE ,,UK "4
,R@&,D GRANT S*EMES C 2 V
COMPETITIVE1 & APPLY+ C 2
COMPLICAT$4
,9NOVATIVE COMPANIES 9 ALL
9DU/RIES C 9 !ORY B5EFIT F
,R@&,D GRANTS1 B BUSI;SES 9
SECTORS S* Z TE*NOLOGY &
#AA #B4 R@&D #AH
SCI5TIFIC RESE>* MAY 2 MO/
LIKELY TO 2 SU3ESS;L )
APPLICA;NS4
,F9D \ M AB ,R@&,D GRANTS
"
,R@&,D TAX RELIEF4
,BUSI;SES ) A PROJECT T
MEETS ! /&>D DEF9I;N (
,R@&,D "*-&-DEVELOP;T-=-TAX-"
PURPOSES"> MAY 2 ABLE TO
CLAIM A R$UC;N 9 _!
,CORPORA;N ,TAX BILL4
,! TYPE ( ,R@&,D TAX
RELIEF Y C CLAIM DEP5DS ON !
SIZE ( YR BUSI;S & :E!R !
PROJECT HAS BE5 SUBCONTRACT$
TO Y OR N4
,SMALL] BUSI;SES MAY 2
ABLE TO CLAIM SMALL & M$IUM-
#AA #B4 R@&D #AI
SIZ$ 5T]PRISE "<,,SME">
,R@&,D TAX RELIEF "*-&-"
DEVELOP;T-TAX-RELIEF-=-"
SMALL-&-M$IUM-SIZ$-"
5T]PRISES">1 :ILE L>G]
COMPANIES & ,,SME,'S
SUBCONTRACT$ TO D ,R@&,D "W
BY A L>GE COMPANY MAY 2 ABLE
TO CLAIM ,R@&,D EXP5DITURE
CR$IT "<,,RDEC"> "*-&-"
DEVELOP;T-TAX-RELIEF-=-"
L>GE-COMPANIES">4
,F9D \ M AB CLAIM+ RESE>*
& DEVELOP;T TAX RELIEF
"*-&-DEVELOP;T-RD-"
RELIEF">4
,ASSET F9.E4
,? ALL[S A BUSI;S TO
ACQUIRE ASSETS )\T PUTT+
#AA #B4 R@&D #BJ
ADDI;NAL PRESSURE ON CA% FL[
OR NE$+ TO RAISE A
SIGNIFICANT AM.T ( "W+
CAPITAL 2F PUR*ASE1 B ! F9.E
IS SECUR$ ON ! ASSET1 "!=E
IF Y >E UNABLE TO MEET !
REPAY;TS ! ASSET CD 2 TAK5
BACK BY ! L5D]4
,SEE ! 8PUR*AS+ A MAJOR
ASSET0 SEC;N = FULL DETAILS4
,F9D \ M AB ASSET F9.E
"
,OV]DRAFT _/ "W+ CAPITAL
CR$IT4
,AN OV]DRAFT IS A L9E (
CR$IT ON YR BUSI;S BANK A3.T
T PROVIDES M CA% ?AN YR
BUSI;S HAS Z XS [N CAPITAL4
,SEE ! 8/>T+ A BUSI;S0
SEC;N = FULL DETAILS4
,F9D \ M AB OV]DRAFTS
"4
,"W+ CAPITAL CR$IT "
IS A L9E ( CR$IT ": !
AVAILABLE AM.T = BORR[+ IS
L9K$ TO A BUSI;S'S BAL.E
%EET4
,X IS USUALLY SECUR$
FUND+4
,F9D \ M AB "W+ CAPITAL
CR$IT "4
.1,WOR? .1"K+4
,9NOVATE ,,UK IS ! ,,UK'S
NA;NAL 9NOVA;N AG5CY T
PROVIDES FUND+ TO HELP
BUSI;SES GR[ "? ! DEVELOP;T
& COMM]CIALISA;N ( NEW
PRODUCTS1 PROCESSES1 &
S]VICES4
"33333333333
"3#AB
#AB #C4 IMPORT+ GDS #BB
#C4 ,IMPORT+ &
EXPORT+ GDS &
S]VICES
,BUSI;SES SELL+ GDS OR
S]VICES OV]S1S " FACE RISKS :5 X
COMES TO CA% FL[ & RCVG
PAY;T F BUY]S4
,:ILE ! GLOBAL M>KET CD
(F] IMM5SE POT5TIAL1
NAVIGAT+ ! 9TRICACIES (
IMPORT+ & EXPORT+ C 2 A
COMPLEX & EXP5SIVE V5TURE4
,PROP] FUND+ C HELP 5SURE
T YR BUSI;S C H&LE !
LOGI/ICAL & REGULATORY
*ALL5GES1 Z WELL Z LAY !
F.DA;N = OV]S1S EXPAN.N S*
Z3
,9ITIAL /OCK+3 IMPORT+
(T5 9VOLVES BUY+ 9 BULK TO
A*IEVE ECONOMIES ( SCALE
,CU/OMS DUTIES & TAXES3
IMPORT+ GDS C ATTRACT CU/OMS
#AB #C4 IMPORT+ GDS #BC
DUTIES & TAXES1 & CO/S C V>Y
BY C.TRY & PRODUCT
,%IPP+ CO/S3 TRANSPORT+
GDS ACR BORD]S1 2 X BY SEA1
AIR1 OR L&1 9CURS
SIGNIFICANT CO/S1 ESPECIALLY
:5 D1L+ ) L>GE QUANTITIES OR
DELICATE ITEMS
,COMPLI.E3 DI6]5T
C.TRIES H DIV]SE REGULA;NS
3C]N+ PRODUCT /&>DS1 SAFETY1
& QUAL;Y1 : C 2 CO/LY TO
5SURE COMPLI.E
,9SUR.E3 ! 9T]NA;NAL
TRANSIT ( GDS C>RIES RISKS
S* Z DAMAGE1 !FT1 OR LOSS1
MAK+ 9SUR.E AN ESS5TIAL CO/
,LOCAL REPRES5TA;N3
E/ABLI%+ LOCAL (FICES1
W>EH\SES1 OR HIR+
REPRES5TATIVES 9 ! T>GET
C.TRY C /R1ML9E OP]A;NS B
MAY REQUIRE F9ANCIAL \TLAY
,CURR5CY FLUCTUA;NS3
CURR5CY VALUE C FLUCTUATE1
POT5TIALLY IMPACT+ PR(ITS ,-
#AC #C4 IMPORT+ GDS #BD
HAV+ A BU6] C HELP NAVIGATE
^! F9ANCIAL E2S & FL[S4
"3#AC
,"! >E V>I\S F9.E PRODUCTS
T C SUPPORT EXPORT+ GDS &
S]VICES4
,TRADE " F9.E4
,TRADE F9.E PROVIDES
GU>ANTEES & ADV.E PAY;TS4
,PRODUCTS 9CLUDE3
,LRS ( CR$IT3 A LEGALLY
B9D+ GU>ANTEE F A BANK T A
SELL] ( GDS W RCV PAY;T F A
BUY] IF ! GDS OR S]VICES >E
DELIV]$ ON "T
,EXPORT CR$IT 9SUR.E3 AN
9SUR.E POLICY T PROTECTS AN
EXPORT] F N RCVG PAY;T F !
BUY]
,BONDS3 ? PROVIDES A
GU>ANTEE TO ! IMPORT] %D !
EXPORT] N MEET ! OBLIGA;NS (
! 3TRACT
,SUPPLY *A9 F9.E3 ? TYPE
( F9.E HELPS BUSI;SES MANAGE
#AC #C4 IMPORT+ GDS #BE
_! "W+ CAPITAL4 ,X 9VOLVES A
SUPPLI] RCVG E>LY PAY;T ( AN
9VOICE BY A F9.E COMPANY4 ,!
BUSI;S T HAS PUR*AS$ ! GDS
OR S]VICE !N PAYS ! F"U ONCE
! 9VOICE IS DUE4 ,F9D \ M AB
SUPPLY *A9 F9.E
,,UK ,EXPORT ,F9.E
"<,,UKEF"> ,G5]AL ,EXPORT
,FACIL;Y3 ,,UKEF IS ! ,,UK
GOV]N;T'S EXPORT CR$IT AG5CY
,- F9D \ M AB ,,UKEF
"4 ,! ,G5]AL
,EXPORT ,FACIL;Y "<,,GEF">
" PROVIDES "PIAL
GU>ANTEES TO BANKS TO HELP
,,UK EXPORT]S GA9 A3ESS TO
TRADE F9.E FACILITIES4 ,?
ALL[S BUSI;SES TO UNLOCK "W+
CAPITAL TO SUPPORT BUSI;S
GR[? )\T ! NE$ = A SPECIFIC
EXPORT 3TRACT4 ,BUSI;SES C
USE ! FUND+ TO COV] "EY"D
#AD #C4 IMPORT+ GDS #BF
CO/S L9K$ TO EXPORT+4 ,,GEF
ALL[S EXPORT]S TO A3ESS CA%
FACILITIES S* Z TRADE LOANS1
& 3T+5T OBLIGA;N FACILITIES
S* Z BOND+ & LR ( CR$IT L9ES
,,UKEF ,BOND ,SUPPORT
,S*EME3 IF YR BUSI;S W9S AN
EXPORT 3TRACT1 Y MIANTEE (
UP TO #HJ.0 ( ! VALUE ( !
BOND4
,F9D \ M AB TRADE F9.E
"4
"33333333333
"3#AD
#AD #D4 CA% FL[ #BG
#D4 ,PROTECT+ CA%
FL[ & "W+ CAPITAL
,CA% FL[ " C 2
UNPR$ICTABLE = SMALL
COMPANIES4
,UN=ESE5 CO/S1 S1SONAL
FLUCTUA;NS "">1 &
WID] ECONOMIC *ALL5GES
" C ALL
IMPACT BUSI;S GR[?4
,A WELL-FUND$ />T-UP MAY 2
BETT] ABLE TO )/& M>KET
*ALL5GES1 SEIZE GR[?
OPPORTUNITIES1 OP]ATE ON A
S.D F9ANCIAL FOOT+1 & 2
BETT] PLAC$ TO )/& ISSUES S*
Z3
#AD #D4 CA% FL[ #BH
,OP]A;NAL 3SI/5CY3 "D-
TO-"D OP]A;NS1 F PAY+ WAGES
TO SETTL+ UTIL;Y BILLS1 C
REQUIRE FUNDS
,NE$+ A CA% BU6]3 9VOIC$
PAY;TS1 ESPECIALLY 9 ,B#B,B
TRANSAC;NS1 C "S"TS FACE
DELAYS
,S1SONAL FLUCTUA;NS3
FUND+ MAY HELP 9 NAVIGAT+
S1SONAL P]IODS :5 REV5UES
MIE MANAG$
PROMPTLY
,EXPAN.N3 :E!R X'S OP5+
#AE #D4 CA% FL[ #BI
A NEW BRAN* OR LAUN*+ A FRE%
M>KET+ CAMPAIGN1 ADDI;NAL
FUNDS HELP 5SURE T GR[?
OPPORTUNITIES C 2 SEIZ$ )\T
JEOP>DIS+ ! EXI/+ CA% FL[
,UN=ESE5 EXP5DITURES3
UNEXPECT$ EXP5SES1 S* Z
EQUIP;T BR1KD[NS C >ISE4
"3#AE
,9V5TORY F9ANC+4
,A KEY CA% FL[ *ALL5GE IS
:5 NEW BUSI;S [N]S NE$ TO
BUY 9V5TORY 2F !Y C SELL X4
,F9.E PRODUCTS T CD
SUPPORT 9V5TORY F9ANC+
9CLUDE3
.7,PUR*ASE ORD] F9.E4.'
,SMALL BUSI;SES C "S"TS
/RU7LE TO FULFIL A L>GE ORD]
F A CU/OM] 2C !Y DON'T YET H
! FUNDS TO PAY _! SUPPLI]4
,? IS ": PUR*ASE ORD]
F9ANC+ "<,,PO F9ANC+"> CD
HELP4
,! TYPICAL PROCESS = ,,PO
#AE #D4 CA% FL[ #CJ
F9ANC+ IS T ONCE A BUSI;S
HAS BE5 APPROV$ BY A F9.E
PROVID]1 !Y RCV ! M"OY & USE
X TO PAY _! SUPPLI]4
,ONCE ! ORD] HAS BE5
DELIV]$ TO ! 5D CU/OM] & AN
9VOICE HAS BE5 S5T1 ! F9.E
PROVID] COLLECTS PAY;T F !
CU/OM]1 D$UCTS XS FEES1 &
S5DS ! REMA9+ AM.T TO !
BUSI;S T HAS DELIV]$ ! ORD]4
,UNLIKE O!R TYPES ( FUND+1
,,PO F9ANC+ IS AVAILABLE TO
BUSI;SES ( ALL SIZES 9CLUD+
NEW & GR[+ />T-UPS & SMALL]
BUSI;SES4
,EV5 BUSI;SES ) A L[ CR$IT
SCORE OR LIMIT$ CR$IT HI/ORY
MAY 2 ABLE TO A3ESS ,,PO
F9ANC+ 2C AN APPROVAL DECI.N
IS TYPICALLY BAS$ ON !
CR$ITWOR?I;S ( ! 5D CU/OM]4
,H["E1 ,,PO F9ANC+ C 2 AN
EXP5SIVE FUND+ OP;N 2C
PROVID]S TYPICALLY *>GE A
MON?LY FEE ( 2T #A4H.0 &
#AF #D4 CA% FL[ #CA
#F.04
,! L;G] YR CU/OM] TAKES TO
PAY ! 9VOICE1 ! M FEES Y W
PAY4
,F9D \ M AB PUR*ASE ORD]
F9.E "TUPLOANS4CO4UK_/BUSI;S-"
GUID.E_/PUR*ASE-ORD]-F9ANC+"
-GUIDE-=-/>T-UPS_/">
"3#AF
.7,OV]DRAFT FACILITIES OR
REVOLV+ CR$IT4.'
,^! >E FLEXIBLE1 %ORT-T]M
FUND+ OP;NS T 5ABLE BUSI;SES
TO )DRAW CR$IT :5 REQUIR$4
,AN OV]DRAFT IS A L9E (
CR$IT ON YR BUSI;S BANK A3.T
T PROVIDES ADDI;NAL CA% TO !
BUSI;S Z REQUIR$4
,AN OV]DRAFT *>GES 9T]E/
ONLY ON ! AM.T BY : Y'RE
OV]DRAWN1 UNLIKE LOANS : H
FIX$ REPAY;TS & 9T]E/ :E!R
OR N Y USE X4
,FLEXIBIL;Y IS A KEY
ADVANTAGE ( OV]DRAFTS1 & !Y
#AF #D4 CA% FL[ #CB
>E TYPICALLY QK & EASY TO
>RANGE4
,H["E1 OV]DRAFTS G5]ALLY H
HI<] 9T]E/ RATES ?AN LOANS1
& IF Y MISS A PAY;T1 Y MIG$ A FEE : C A6ECT YR
CR$IT RAT+4
,REVOLV+ CR$IT IS SIMIL>
TO AN OV]DRAFT1 B X IS N
L9K$ TO YR BANK A3.T4
,? M1NS Y C A3ESS X F
MULTIPLE L5D]S4
,L OV]DRAFTS1 FLEXIBIL;Y
IS A B5EFIT1 B REVOLV+ CR$IT
AL 9VOLVES HI<] 9T]E/ RATES
& FEES ?AN LOANS1 & Y MAY
NE$ TO GIVE A P]SONAL
GU>ANTEE TO A3ESS X4
,F9D \ M AB OV]DRAFT
FACILITIES " & REVOLV+ CR$IT
"4
.7,SUPPLY *A9 F9.E4.'
,? TYPE ( F9.E HELPS
BUSI;SES MANAGE _! "W+
CAPITAL4 ,X 9VOLVES A
SUPPLI] RCVG E>LY PAY;T ( AN
9VOICE BY A F9.E COMPANY4 ,!
BUSI;S T HAS PUR*AS$ ! GDS
OR S]VICE !N PAYS ! F"U ONCE
! 9VOICE IS DUE4
,F9D \ M AB SUPPLY *A9
F9.E "4
"3#AG
,ASSET F9ANC+4
,? ALL[S A BUSI;S TO
ACQUIRE ASSETS1 REPLACE OLD
EQUIP;T1 OR EXP& OP]A;NS )\T
PUTT+ ADDI;NAL PRESSURE ON
CA% FL[ OR NE$+ TO RAISE A
SIGNIFICANT AM.T ( "W+
CAPITAL 2F PUR*ASE4
,TO A3ESS ! FUND+1 A
#AG #D4 CA% FL[ #CD
BUSI;S USES ASSETS ON XS
BAL.E %EET Z COLLAT]AL TO
FUND A PUR*ASE4
,ASSET F9.E OP;NS 9CLUDE3
.1,F9.E .1L1SE4
,A F9.E PROVID] PUR*ASES !
ASSET & L1SES X TO A BUSI;S4
,! LESSEE MAKES MON?LY
REPAY;TS4 ,! LESSEE IS AL
A3.TABLE = 9SUR+ & MA9TA9+ !
ASSET4
.1,3TRACT .1HIRE4
,? ME?OD IS (T5 US$ BY
BUSI;SES PUR*AS+ A FLEET (
VEHICLES4 ,X PROVIDES A3ESS
TO ! ASSET 9 RETURN = FIX$
R5TAL PAY;TS OV] A SET
P]IOD4 ,! PROVID] IS
RESPONSIBLE = S\RC+ &
MA9TA9+ ! VEHICLES4
,ASSET F9.E IS G5]ALLY
FLEXIBLE & QK TO >RANGE1 B Y
MAY FACE *>GES IF Y DEFAULT
ON PAY;TS OR DECIDE TO PAY
(F ! LOAN E>LY4
,ADDI;NALLY1 ! L5D] MAY
#AG #D4 CA% FL[ #CE
SEIZE ! ASSET Y'VE PUT UP Z
SECUR;Y & SELL X IF Y FAIL
TO MAKE PAY;TS4
.1,OP]AT+ .1L1SE4
,A BUSI;S L1SES AN ASSET
OV] A SPECIFI$ "TFRAME4 ,!Y
C POT5TIALLY UPGRADE TO A M
ADV.ED MODEL )9 ! R5TAL
P]IOD4 ,! F9.E PROVID] IS
A3.TABLE = MA9TA9+ ! ASSET4
.1,ASSET .1REF9ANC+4
,? FREES UP CA% BY US+
ASSETS 9 YR BUSI;S T Y ALR
[N " Z SECUR;Y4
,BASICALLY1 Y TRANSF]
[N]%IP ( ! ASSET TO ! L5D] B
KEEP US+ ! ASSET1 PAY+ !
L5D] BACK MON?LY4
,:5 Y H REPD ! SUM L5T BY
! L5D] Y TAKE [N]%IP ( !
ASSET4
,? IS :Y ASSET REF9.E IS
"S"TS CALL$ A 8SALE &
L1SEBACK AGREE;T04
,9T]E/ *>GES = ASSET
#AH #D4 CA% FL[ #CF
REF9ANC+ T5D TO 2 LESS ?AN
O!R OP;NS1 & AN ADV]SE CR$IT
SCORE ISN'T USUALLY A
PROBLEM4
,H["E1 YR ASSET W 2 AT
RISK IF Y C'T KEEP UP
REPAY;TS & X W 2 M EXP5SIVE
?AN US+ YR [N CA% RES]VES4
,F9D \ M AB ASSET REF9ANC+
"4
"3#AH
,LATE PAY;T4
,AN E/IMAT$ @L#BC4D
BILLION 9 LATE 9VOICES IS [$
TO ,,UK BUSI;SES "4
,X'S A P]5NIAL PROBLEM T C H
A SIGNIFICANT NEGATIVE
IMPACT ON CA% FL[4
#AH #D4 CA% FL[ #CG
.1,9VOICE .1F9.E4
,TAP 9TO ! VALUE ( UNPD
9VOICES BY US+ !M Z SECUR;Y
AG/ L5D+4
,) 9VOICE FACTOR+1 ! L5D+
PROVID] (F]S UP TO #IJ.0 ( !
VALUE ( AN 9VOICE & COLLECTS
PAY;T F ! CU/OM] 2F PAY+ !
L5DEE BUSI;S ! REMA9+ BAL.E
M9US A FEE4
,9VOICE 4C.T+ IS SIMIL> TO
FACTOR+1 B Y KEEP 3TROL (
CU/OM] PAY;TS4
,IF Y USE ! FUND+1 Y PAY A
FEE & A 4C.T *>GE "4
,9VOICE F9.E IS USUALLY
ONLY AVAILABLE = E/ABLI%$
BUSI;SES T TRADE ) O!R
BUSI;SES4
,IF X TAKES M ?AN #IJ "DS
= CU/OM]S TO PAY 9VOICES1
PROVID]S MAY N APPROVE YR
APPLICA;N 2C !Y W H TO WAIT
TOO L;G TO RCV _! M"OY4
,? *ECKLI/ " CD HELP Y
DECIDE :E!R 9VOICE F9.E IS
SUITABLE = YR BUSI;S4
,F9D \ M AB 9VOICE F9.E
"4
.7,"W+ CAPITAL LOANS4.'
,A "W+ CAPITAL LOAN C
PROVIDE AN 9JEC;N ( FUND+ TO
MANAGE CA% FL[ *ALL5GES4
,SECUR$ LOANS REQUIRE
COLLAT]AL S ! AM.T Y CD
BORR[ DEP5DS ON ! ASSETS Y C
PROVIDE Z SECUR;Y4
,UNSECUR$ LOANS >E AL
AVAILABLE1 B Y'LL LIKELY H
TO GIVE A P]SONAL GU>ANTEE &
W NE$ A GD CR$IT RAT+4
,F9D \ M AB "W+ CAPITAL
LOANS HTTPS3_/_/WWW4BRITI%-"
BUSI;S-BANK4CO4UK_/F9.E-"
HUB_/"W+-CAPITAL-F9.E-"
OP;NS_/">4
#AI #D4 CA% FL[ #CI
"3#AI
,O!R F9.E SOLU;NS T C
PROTECT CA% FL[ & "W+
CAPITAL3
.7,BUY ,N[ ,PAY ,LAT]
"<,,BNPL">4.'
,^! S*EMES ALL[ CU/OM]S TO
DELAY FULL PAY;T = PRODUCTS
OR S]VICES : C 5C\RAGE !M TO
MAKE A PUR*ASE !Y MIE *>G$ 9T]E/ &
MAY AL 9CUR A LATE PAY;T
FEE4
,BUSI;SES >E *>G$ A FEE =
EA* COMPLET$ TRANSAC;N4
,? IS USUALLY 2T #B.0 &
#H.0 ( ! TOTAL AM.T4
,F9D \ M AB ,,BNPL
"4
#AI #D4 CA% FL[ #DJ
.7,M]*ANT CA% ADV.E4.'
,A M]*ANT CA% ADV.E
"<,,MCA"> IS = BUSI;SES T
A3EPT DEBIT & CR$IT C>D
PAY;TS4
,L5D]S PROVIDE A BUSI;S )
A SUM ( M"OY1 : X !N REPAYS
US+ A P]C5TAGE ( C>D
TRANSAC;N SALES1 PLUS FEES4
,,MCA,'S H AN ADVANTAGE
OV] TRADI;NAL LOANS 9 T !Y C
2 A3ESS$ )\T NE$+ TO PROVIDE
ASSETS = SECUR;Y1 S* Z
PROP]TY OR 9V5TORY4
,H["E1 ,,MCA FEES & 9T]E/
RATES T5D TO 2 HI<]1 & IF
PAY;TS >5'T MET1 BUSI;SES C
2 AT RISK ( 2+ UNABLE TO
S]VICE _! DEBT4
,F9D \ M AB M]*ANT CA%
ADV.E "4
#AI #D4 CA% FL[ #DA
.1,GRANTS4
,? IS FUND+ PROVID$ BY
PUBLIC SECTOR & PRIVATE
ORGANISA;NS T DOESN'T H TO 2
PD BACK4
,GRANT S*EMES >E USUALLY
FOCUS$ ON FACTORS S* Z A
SPECIFIC BUSI;S ACTIV;Y1
/AGE ( BUSI;S1 SECTOR1 F.D]
DEMOGRAPHIC & LOCA;N4
,"S GRANTS C 2 US$ TO D1L
) CA% FL[ *ALL5GES4
,GRANT S*EMES V>Y 9 H[ M*
M"OY Y CD RCV4
,= "S1 Y'LL RCV ! FULL
AM.T1 ":AS = O!RS Y NE$ TO
MAT* A PROPOR;N ( ! VALUE (
YR GRANT 2F Y RCV X4
,APPLICA;N PROCESSES C 2
L;G & "T-3SUM+1 & "! IS NO
"O-SIZE-FITS-ALL APPROA*4
,2F APPLY+1 X IS ADVISABLE
TO SP1K TO ! GRANT PROVID]
TO F9D \ :AT'S 9VOLV$ & :E!R
Y'RE ELIGIBLE4
,S\RCES ( GRANTS 9CLUDE !
#BJ #E4 DEBT 3SOLIDA;N #DB
GOV]N;T'S F9.E F9D]
"1 ! F9D
A GRANT S]VICE "1 & !
WEBSITES ( LOCAL C\NCILS
"4
,F9D \ M AB GRANTS
"4
.1,WOR? .1"K+4
,AN E/IMAT$ @L#BC4D
BILLION 9 LATE 9VOICES IS [$
TO ,,UK BUSI;SES1 B "! >E
F9.E
,F9.E T CD HELP ) LATE
PAY;TS 9CLUDES3
"33333333333
"3#BJ
#E4 ,DEBT
3SOLIDA;N
,IF Y H MULTIPLE LOANS OR
L9ES ( CR$IT1 Y MAY DECIDE
#BA #E4 DEBT 3SOLIDA;N #DC
TO 3SOLIDATE ! DEBTS 9TO A
S+LE1 M MANAG1BLE LOAN4
,Y CD COMB9E LOANS F S"EAL
DI6]5T PROVID]S 9TO A S+LE
DEBT F "O L5D]4
,? PROCESS CD RESULT 9 A
R$UC;N 9 MON?LY REPAY;TS1 &
IF YR CR$IT SCORE HAS
IMPROV$ S9CE APPLY+ = F9.E1
Y MIG$
ADDI;NAL FEES4
"3#BA
#BA #E4 DEBT 3SOLIDA;N #DD
,! TYPES ( LOANS T C 2
3SOLIDAT$ 9CLUDE3
.1,SECUR$ .1LOANS4
,= ? TYPE ( LOAN1 Y'LL NE$
TO (F] COLLAT]AL "GON-"
BU/]-GUIDE-TO-BUSI;S-"
F9.E_/">1 S* Z PROP]TY1
VEHICLE1 L&1 MA*9]Y OR ANO!R
MAJOR ASSET T YR BUSI;S [NS1
Z SECUR;Y AG/ ! AM.T Y WANT
TO BORR[4
,DUE TO ! L[] RISK = !
L5D]1 SECUR$ LOANS >E
G5]ALLY *1P] ?AN UNSECUR$
LOANS4
,H["E1 APPLICA;NS = SECUR$
LOANS C TAKE L;G] TO 2
APPROV$1 & IF Y FAIL TO MEET
! MON?LY REPAY;TS1 ! L5D] C
RECLAIM _! DEBT F ! ASSET
Y'VE PUT =W>D Z SECUR;Y4
,F9D \ M AB SECUR$ LOANS
"4
.1,COMM]CIAL .1MORTGAGES4
,? IS A LOAN T 9VOLVES
PAY+ A DEPOSIT FOLL[$ BY
MON?LY REPAY;TS ) V>IABLE OR
FIX$ 9T]E/ RATES4
,COMM]CIAL MORTGAGES
USUALLY RUN = 2T "O & #CJ
YE>S4
,! TYPES ( COMM]CIAL
MORTGAGES >E3
[N]-O3UPI$ MORTGAGES ,-
= BUSI;SES BUY+ A PROP]TY =
COMM]CIAL PURPOSES
COMM]CIAL BUY-TO-LET
MORTGAGES ,- = BUSI;SES
9T5D+ TO R5T ! PROP]TY TO
ANO!R BUSI;S4
,TO GET A COMM]CIAL
MORTGAGE1 BUSI;SES USUALLY
NE$ TO PROVIDE A3.TS = AT
L1/ ! PA/ ?REE YE>S &
PROJECT$ TRAD+ FIGURES = !
FUTURE4
,F9D \ M AB COMM]CIAL
#BB #F4 A MAJOR ASSET #DF
MORTGAGES "4
.1,WOR? .1"K+4
,IF Y H MULTIPLE LOANS1 Y
MIGE
ASSET1 S* Z SPECIALI/ PLANT
OR MA*9]Y1 AN 9JEC;N (
CAPITAL MAY 2 REQUIR$4
,:E!R X'S = SCALABIL;Y1
E6ICI5CY1 OR /RATEGIC
EXPAN.N1 ! "R ASSETS C
A3EL]ATE A />T-UP'S GR[?1
MAK+ EXT]NAL FUND+ A BRIDGE
#BB #F4 A MAJOR ASSET #DG
TO GRT] POT5TIAL & SU3ESS4
,FUND+ C 2 US$ = *ALL5GES S*
Z3
,UPFRONT CO/S3 MAJOR
ASSETS C 2 SIGNIFICANT
9VE/;TS & MAY 2 2Y ! IMM
F9ANCIAL CAPAC;Y ( A NEW
BUSI;S
,,ROI3 AL? ! 9ITIAL CO/ (
ACQUIR+ A SIGNIFICANT ASSET
IS HI<1 X C YIELD RETURNS
OV] AN EXT5D$ P]IOD
,SCALABIL;Y3 9VE/+ 9 A
MAJOR ASSET C 5ABLE YR />T-
UP TO SCALE OP]A;NS1 PRODUCE
AT HI<] CAPACITIES1 OR
DELIV] S]VICES M E6ICI5TLY
,E6ICI5CY3 "S ASSETS1 L
ADV.ED MA*9]Y OR TE*NOLOGY1
C OPTIMISE OP]A;NS1 R$UCE
LAB\R1 & 9CR1SE PRODUC;N
RATES
,BRIDG+ LOANS4
,A LOAN T C 2 US$ TO
8BRIDGE0 A GAP 9 A BUSI;S'S
#BB #F4 A MAJOR ASSET #DH
F9.ES & PROVIDE QK A3ESS TO
CAPITAL4
,DUE TO _! %ORT-T]M LOAN
P]IOD & HI<] RATES ( 9T]E/
COMP>$ TO O!R =MS ( F9.E1
BRIDG+ LOANS >E TYPICALLY
US$ = MAJOR BUSI;S PUR*ASES4
,F9D \ M AB BRIDG+ LOANS
"4
,COMM]CIAL FLEET F9.E4
,? IS US$ TO FUND !
PUR*ASE ( A FLEET (
VEHICLES4
,! MA9 OP;NS >E3
,3TRACT HIRE3 ,PROVIDES
A3ESS TO VEHICLES 9 RETURN =
FIX$ R5TAL PAY;TS OV] A SET
P]IOD
,F9.E L1SE3 ,! TOTAL CO/
IS PD 9 MON?LY 9/AL;TS OR
VIA L[] MON?LY 9/AL;TS ) A
F9AL PAY;T AT ! 5D ( ! L1SE
#BC #F4 A MAJOR ASSET #DI
BAS$ ON ! VEHICLE'S EXPECT$
RESALE VALUE
,HIRE PUR*ASE3 ,A
VEHICLE IS PUR*AS$ BY MAK+
FIX$ PAY;TS & 9T]E/ DUR+ A
SPECIFI$ P]IOD4
,F9D \ M AB COMM]CIAL
FLEET F9.E "4
"3#BC
,ASSET F9.E4
,? ALL[S A BUSI;S TO
ACQUIRE ASSETS )\T PUTT+
ADDI;NAL PRESSURE ON CA%FL[
OR NE$+ TO RAISE A
SIGNIFICANT AM.T ( "W+
CAPITAL4
,PRODUCTS V>Y1 B X G5]ALLY
9VOLVES L1S+ AN ASSET & MAK+
MON?LY PAY;TS4
,F9D \ M AB ASSET F9.E
"4
,MEZZAN9E F9.E4
,A HYBRID =M ( FUND+ T
BL5DS DEBT & EQU;Y F9.E4
,A BUSI;S AGREES TO REPAY
! LOAN ) 9T]E/1 B ! DEBT CD
3V]T 9TO %>ES 9 ! COMPANY IF
X IS UNABLE TO MEET !
REPAY;TS4
,F9D \ M AB MEZZAN9E F9.E
"4
,COMM]CIAL MORTGAGES4
,A LOAN T 9VOLVES PAY+ A
DEPOSIT FOLL[$ BY MON?LY
REPAY;TS ) V>IABLE OR FIX$
9T]E/ RATES4
,F9D \ M AB COMM]CIAL
MORTGAGES "4
,SECUR$ LOANS4
,= ? TYPE ( LOAN1
COLLAT]AL "GON-BU/]-GUIDE-"
TO-BUSI;S-F9.E_/">1 S* Z
PROP]TY1 VEHICLES & MA*9]Y1
IS NE$$ Z SECUR;Y AG/ ! AM.T
BORR[$4
,F9D \ M AB SECUR$ LOANS
"4
,L1S+ & HIRE PUR*ASE4
,L1S+ ALL[S A BUSI;S TO
USE AN ASSET 9 EX*ANGE =
R5TAL PAY;TS1 :ILE HIRE
PUR*ASE 9VOLVES AN ASSET 2+
PUR*AS$ \T"R BY MAK+ FIX$
PAY;TS & 9T]E/4
,SU3ESS RATES >E HI< =
APPLICA;NS1 B IF Y DEFAULT
ON PAY;TS1 ! L5D] MAY RECOV]
#BC #F4 A MAJOR ASSET #EB
! ASSET1 : CD H>M YR CR$IT
RAT+4
,F9D \ M AB L1S+ & HIRE
PUR*ASE "4
,GRANTS4
,? IS FUND+ T DOESN'T H TO
2 PD BACK4 ,"S GRANTS
PROVIDE FUND+ = BUSI;SES TO
PUR*ASE EQUIP;T4
,SEE ! 8SCAL+ & GR[+ A
BUSI;S0 SEC;N = M DETAILS4
,F9D \ M AB GRANTS
"4
.1,WOR? .1"K+4
,PUR*AS+ A FLEET (
VEHICLES CD HELP A BUSI;S
GR[1 B COMPANIES MAY LACK !
FUND+ TO D X4 ,T'S ": FLEET
F9ANC+ COMES IN4
"33333333333
#BD #G4 SCAL+ A BUSI;S #EC
"3#BD
#G4 ,SCAL+ & GR[+
A BUSI;S
,:E!R X'S OP5+ A NEW
LOCA;N1 EXP&+ PRODUCT L9ES1
OR 9CR1S+ PRODUC;N CAPAC;Y1
GR[? REQUIRES CAPITAL4
,TYPES ( *ALL5GES T MAY
TRI7] ! NE$ = ADDI;NAL FUND+
9CLUDE3
,EXPAN.N3 :E!R X'S OP5+
A NEW BRAN*1 MOV+ TO A BI7]
(FICE1 OR E/ABLI%+ W>EH\SES1
SCAL+ OP]A;NS MAY M1N EXP&+
PHYSICAL 9FRA/RUCTURE
,HIR+3 RECRUIT+ SKILL$
9DIVIDUALS1 F TOP MANAGE;T
ROLES TO FRONTL9E /AFF1 CD 2
A SIGNIFICANT EXP5SE
,PRODUC;N3 SCAL+ MIG]
QUANTITIES1 NECESSITAT+ M
RAW MAT]IALS1 MA*9]Y1 OR EV5
A L>G] PRODUC;N FACIL;Y
,R@&,D3 FUND+ C 2
*ANNELL$ 9TO ,R@&,D TO
#BE #G4 SCAL+ A BUSI;S #ED
IMPROVE PRODUCTS1 S]VICES1
OR DEVELOP NEW (F]+S T MEET
EVOLV+ M>KET DEM&S
,NEW M>KETS3 TAPP+ 9TO
NEW GEOGRAPHICAL >1S OR
DEMOGRAPHIC SEG;TS MAY
REQUIRE ADDI;NAL RESE>*
,TE*NOLOGY3 TE*NOLOGY
9VE/;TS CD OPTIMISE OP]A;NS1
IMPROVE CU/OM] EXP]I;ES1 &
/R1ML9E PROCESSES1 B MAY 2
CO/LY
,RISK3 Z ! SCALE ( YR
OP]A;NS 9CR1SES1 S DOES !
SCOPE ( POT5TIAL RISKS ,-
FUND+ C ACT Z A SAFETY NET1
HELP+ BUSI;SES NAVIGATE
UN=ESE5 *ALL5GES4
"3#BE
,F9.E PRODUCTS T C COV] ^!
CO/S 9CLUDE3
.7,9ITIAL ,PUBLIC ,(F]+
"<,,IPO">4.'
,AN ,,IPO IS :5 A COMPANY
(F]S A POR;N ( XS %>ES TO !
#BE #G4 SCAL+ A BUSI;S #EE
PUBLIC = ! F/ "T4
,AN ,,IPO IS USUALLY C>RI$
\ BY E/ABLI%$ BUSI;SES T C G
F 2+ PRIVATELY [N$ BY A
LIMIT$ NUMB] ( 9VE/ORS TO
HAV+ %>ES AVAILABLE =
PUR*ASE BY ! G5]AL PUBLIC &
2+ LI/$ ON A /OCK EX*ANGE4
,AL? ,,IPO,'S >E (T5
ASSOCIAT$ ) L>GE & E/ABLI%$
BUSI;SES1 "Y] & SMALL]
BUSI;SES ) L[ REV5UE B
SIGNIFICANT GR[? POT5TIAL OR
UNIQUE 9TELLECTUAL PROP]TY
"<,,IP"> "TUPLOANS4CO4UK_/BUSI;S-"
GUID.E_/:AT->E-9TELLECTUAL-"
PROP]TY-"RS_/"> C AL ATTRACT
9VE/ORS US+ ? ME?OD4
,9 ! ,,UK1 ,,AIM " IS ! M>KET = ,,IPO,'S
BY SMALL]1 GR[+ BUSI;SES
LOOK+ TO SCALE4
,= FUR!R ADVICE1 R1D A
#BE #G4 SCAL+ A BUSI;S #EF
GUIDE TO H[ TO TELL IF YR
BUSI;S IS ,,IPO-R1DY
" & AN ,,IPO
*ECKLI/ "4
,F9D \ M AB ,,IPO,'S
"4
.1,S]IES .1,A4
,S]IES ,A FUND+ IS PROVID$
BY V5TURE CAPITAL FIRMS1
SUP] ANGEL 9VE/ORS1 &
9/ITU;NAL 9VE/ORS4
,ANGEL 9VE/ORS " >E
5TREPR5EURS OR 9DIVIDUALS )
EXT5SIVE BUSI;S EXP]I;E :O
9VE/ _! [N M"OY 9 E>LY-/AGE
#BE #G4 SCAL+ A BUSI;S #EG
/>T-UPS 9 RETURN = EQU;Y4
,V5TURE CAPITAL "
FIRMS USE M"OY 2L;G+ TO L>GE
9/ITU;NS S* Z P5.N FUNDS1 &
Z !Y REQUIRE A SIGNIFICANT
RETURN ON _! 9VE/;T1 !Y
G5]ALLY ASK = A BI7] /AKE 9
EX*ANGE4
.1,S]IES .1;,B4
,S]IES ;,B FUND+ IS
PROVID$ BY V5TURE CAPITALI/S
& PRIVATE EQU;Y "<,,PE">
"
FIRMS4
,,PE FIRMS RAISE CAPITAL F
9/ITU;NAL 9VE/ORS L P5.N
FUNDS & 9SUR.E COMPANIES :
!Y USE TO =M A FUND & 9VE/ 9
BUSI;SES4
#BF #G4 SCAL+ A BUSI;S #EH
.1,S]IES .1;,C4
,S]IES ;,C FUND+ IS
PROVID$ BY V5TURE CAPITAL
FIRMS1 PRIVATE EQU;Y FIRMS1
& CORPORATE 9VE/ORS4
"3#BF
,GRANTS4
,? IS FUND+ PROVID$ BY
PUBLIC SECTOR OR PRIVATE
ORGANISA;NS T DOESN'T H TO 2
PD BACK4
,GRANT S*EMES >E USUALLY
FOCUS$ ON FACTORS S* Z A
SPECIFIC BUSI;S ACTIV;Y1
/AGE ( BUSI;S1 SECTOR1 F.D]
DEMOGRAPHIC & LOCA;N4
,GRANT S*EMES V>Y 9 H[ M*
M"OY Y RCV4 ,= "S1 Y'LL RCV
! FULL AM.T1 ":AS = O!RS Y
NE$ TO MAT* A PROPOR;N ( !
VALUE ( YR GRANT 2F Y RCV X4
,APPLICA;N PROCESSES C 2
L;G & "T-3SUM+1 & "! IS NO
"O-SIZE-FITS-ALL APPROA*4
,2F APPLY+1 X IS ADVISABLE
#BG #G4 SCAL+ A BUSI;S #EI
TO SP1K TO ! GRANT PROVID]
TO F9D \ :AT'S 9VOLV$ & :E!R
Y'RE ELIGIBLE4
,S\RCES ( GRANTS 9CLUDE !
GOV]N;T'S F9.E F9D]
"1 ! F9D
A GRANT S]VICE " & !
WEBSITES ( LOCAL C\NCILS
"4
,F9D \ M AB GRANTS
"4
"3#BG
,DEBT F9.E3
,? 9VOLVES A BUSI;S BORR[+
AN AM.T ( M"OY OR AN ASSET T
IS PD BACK ) 9T]E/ OV] AN
AGRE$ P]IOD ( "T4 ,COMMON
=MS ( DEBT F9.E 9CLUDE3
#BG #G4 SCAL+ A BUSI;S #FJ
.1,LOANS4
,^! C 2 SECUR$1 : USES AN
ASSET " F YR
BAL.E %EET Z SECUR;Y1 OR
UNSECUR$1 : C 2 BORR[$ )\T
US+ ANY BUSI;S ASSETS Z
SECUR;Y4
,= UNSECUR$ LOANS1 Y (T5
NE$ TO PROVIDE A P]SONAL
GU>ANTEE T SAYS Y'LL PAY
BACK ! LOAN P]SONALLY IF !
BUSI;S C'T4
,Z A RESULT1 UNSECUR$
LOANS TYPICALLY H HI<] 9T]E/
RATES ?AN SECUR$ LOANS4
.1,OV]DRAFTS4
,A L9E ( CR$IT ON YR
BUSI;S BANK A3.T T PROVIDES
A3ESS TO M %ORT-T]M FUND+
?AN YR BUSI;S'S [N CAPITAL4
,UNLIKE LOANS : H A FIX$
REPAY;T FEE1 Y ONLY PAY
9T]E/ ON ! OV]DRAWN AM.T4
,H["E1 ! BANK MAY *>GE AN
>RANGE;T FEE1 & IF Y'RE LATE
OR MISS A REPAY;T1 Y'LL 2
#BG 3TACT #FA
*>G$ A FEE T CD A6ECT YR
CR$IT RAT+ "4
,OV]DRAFTS G5]ALLY H A
HI<] 9T]E/ RATE ?AN BUSI;S
LOANS4
,F9D \ M AB DEBT F9.E
"
.1,WOR? .1"K+4
,= BUSI;SES LOOK+ TO
SCALE1 EQU;Y 9VE/;T C DRIVE
GR[?4 ,AF ! PRE-SE$ & SE$
/AGES :5 A BUSI;S F/
LAUN*ES1 GR[+ COMPANIES G "?
FUR!R R.DS ( FUND+ "KN Z
S]IES ,A1 ;,B & ;,C4
"33333333333
,3TACT
,BRITI% ,BUSI;S ,BANK
,/EEL ,C;Y ,H\SE
,WE/ ,/REET
#BG 3TACT #FB
,%E6IELD ,S#A #B,,GQ
/>T-UP-LOANS-COMPANY
WWW4/>TUPLOANS4CO4UK
WWW4BRITI%-BUSI;S-"
BANK4CO4UK_/F9.E-HUB_/
"9 "9 "9
,! ,/>T-,UP ,LOANS
,COMPANY IS A :OLLY [N$
SUBSIDI>Y ( ,BRITI% ,BUSI;S
,BANK PLC4 ,X IS A COMPANY
LIMIT$ BY GU>ANTEE1 REGI/]$
9 ,5GL& & ,WALES1 REGI/RA;N
NUMB] #JHAAGFEF1 REGI/]$
(FICE AT ,/EEL ,C;Y ,H\SE1
,WE/ ,/REET1 ,%E6IELD1 ,S#A
#B,,GQ4
,BRITI% ,BUSI;S ,BANK PLC
IS A DEVELOP;T BANK :OLLY
[N$ BY ,,HM ,GOV]N;T4
,BRITI% ,BUSI;S ,BANK PLC &
XS SUBSIDI>IES >E N BANK+
9/ITU;NS & D N OP]ATE Z S*4
,!Y >E N AU?ORIS$ OR
REGULAT$ BY ! ,PRUD5TIAL
,REGULA;N ,AU?OR;Y "<,,PRA">
OR ! ,F9ANCIAL ,3DUCT
#BG 3TACT #FC
,AU?OR;Y "<,,FCA">4 ,A
COMPLETE LEGAL /RUCTURE *>T
= ! GR\P C 2 F.D AT WWW4"
BRITI%-BUSI;S-BANK4CO4UK4
,:IL/ WE MAKE R1SONABLE
EF=TS TO KEEP ! 9=MA;N 9 ?
GUIDE UP TO DATE1 WE D N
GU>ANTEE OR W>RANT " T X IS CURR5T1
A3URATE OR COMPLETE4 ,!
9=MA;N IS 9T5D$ = G5]AL
9=MA;N PURPOSES ONLY & DOES
N TAKE 9TO A3.T YR P]SONAL
SITUA;N1 NOR DOES X 3/ITUTE
LEGAL1 F9ANCIAL1 TAX OR O!R
PR(ES.NAL ADVICE4 ,Y %D ALW
3SID] :E!R ! 9=MA;N IS
APPLICABLE TO YR "PICUL>
CIRCUM/.ES &1 ":
APPROPRIATE1 SEEK PR(ES.NAL
OR SPECIALI/ ADVICE OR
SUPPORT4
"33333333333