keyboard_arrow_left See all news

Recent News

Alex T. Onalaja / 28 Feb 2019
Top Digital Marketing Trends to Leverage in 2019
The buying behaviour of your target audience is rapidly changing and businesses who are ...
AJ / 19 Feb 2019
Brexit: Steering Your Business Through Uncertainty
With Brexit looming, will you be able to steer your business through these uncertain wat...
Ben Kench / 15 Feb 2019
5 Steps to Rejuvenate Your Sales Team
5 easy steps for you to add some life into your staff and revitalize your team!
AJ / 31 Jan 2019
Which social media platforms are right for your business?
Your social media says a lot about your business, it's the new store front for your bran...
BA / 30 Jan 2019
Seminar Timetable Released!
The seminar timetable for the Northern Business Exhibition 2019 is now live!
AJ / 23 Jan 2019
Should You Quit Your Job?
Undervalued, unchallenged & unhappy? Maybe it's time to quit your job.
22 Jan 2019
New Start boost gives savoury sports snack business a crucial head start
Gutzi, a borders-based start-up which creates energy-boosting savoury sports food, has e...
NBE / 16 Jan 2019
Keeping Your Modern Workforce Happy
Choosing the right people to join your business is the easy part. Retaining your staff i...
BA / 14 Jan 2019
6 key Tips for Effective Networking
Networking is an important but often underutilized tool to help you grow your business. ...
BA / 13 Jan 2019
Marketing on a Shoestring Budget
Market your business effectively without having to break the bank.
Tricia Fox - Managing Director of Volpa / 11 Jan 2019
Top tips for entrepreneurs
Tricia Fox, Managing Director of Volpa, one of Scotland’s top independent marketing ag...
AJ / 10 Jan 2019
Setting your career goals for 2019
Whether you’re trying to get a new job, develop your skills to keep up with the compet...
AJ / 08 Jan 2019
Sources of funding for your new business
Finding funding for your new venture can be a tough task, it's not one fits all! Take a ...
AJ / 12 Dec 2018
New Year’s resolutions to grow your business
No matter if the last year has been your best or worst, there is always room to improve ...
AJ Sattar / 09 Dec 2018
What will you find at NBE19?
The Northern Business Exhibition returns to Manchester Central for its fourth year on th...
Volpa / 18 Nov 2018
Content is not king, it's the Emperor's new clothes
You’d have had to be living under a rock for the last few years to have missed the con...
HR Dept Ltd / 17 Nov 2018
You started your business or got the job running it because you are really good at what ...
Andy Goldberg - ActionCOACH / 15 Nov 2018
Four reasons to use B2B email marketing
It’s easy to think that social media is the only way forward. Nearly every business, b...
AJ / 21 Jan, 2019
keyboard_arrow_left Return back

Funding Sources for Business Growth you are looking to scale-up, purchase new equipment, expand into new premises or take advantage of exciting growth opportunities, there are many funding possibilities you can consider. While a plethora of grants and regional funding options exist, almost all of them are for very early-stage development rather than growth, so where can you turn to look for financial support?
Business Loan
When it comes to business loans, there’s a lot to bear in mind. With a wide range of loans on the market and various products designed for speed, short terms, growth projects, or small businesses, it’s hard to know where to begin. If you’re thinking about getting a business loan, make an appointment with an expert who can talk you through the huge range of options, so that you don’t get overwhelmed or caught out.

You might want to look at companies which allow you to get a business cash advance, which means that you pay an agreed fee and repay loans as a percentage of your monthly sales. One example, Business Finance 365 allows you to raise between up to £200,000 in unsecured finance and explain that you only pay when your customers pay you. This means that when your sales are down, your repayments are lower.

Invoice Finance
Invoice finance is often packed with technical terms which can make it hard to understand, however, if you regularly invoice businesses, you could be eligible for invoice finance — one of the best ways to ease cashflow problems and get paid faster for completed work. This is because it is a way of borrowing money based on what your customers owe to your business. So rather than waiting days or weeks for your invoices to be paid, lenders can advance you most of the invoice value immediately.

You can choose your provider based on price to get the best deal and by having a facility away from the bank this gives you greater control over your business finances.

With Invoice Finance, the worry about a customer not paying is taken away. The Invoice Finance provider can collect the debt on your behalf, and once the invoice is raised you are given up to 85% of the invoice value, minus a small fee, following the remaining 15% once the invoice has been paid in full.


P2P funding
Peer2Peer lending is a funding method that has arisen from the social media age – it allows people to invest their money through the peer to peer platform for a higher return than standard bank investments. This can be a great option – you can often repay early without incurring a fee and there is often no cap to the amount you want to borrow. On the flip side, interest rates to the customer can be quite high and you must pay a fee to the peer to peer company for arranging the facility. Make sure you check all the costs.

Crowdfunding has become one of the most popular methods to fund a startup, but it is also a viable option for companies seeking growth funds to get to their next stage of development. Crowdfunding can be a quick and simple way to access finance for your business. It has the advantage of tapping into a panel of unconventional investors who are happy to finance businesses who may be looking to launch something more radical.

The main downside to this type of financing is that you, as the business owner, will be sharing your ideas with investors who potentially could take this idea and pass it as their own.

We've got some fantastic businesses at the Northern Business Exhibition this year that can help you unlock the funding you need to grow your business. Take a look at our current exhibitor list.

Processing. Please wait.