Most businesses need money in order to get started. Later, funds will be required
to allow the business to grow and fulfill its potential. Typically you will
have used bank overdraft and loan facilities, but it is difficult for a new
and growing business to raise additional finance without putting up personal
assets as collateral. Even then, security alone is not enough - your bank will
also want clear evidence that the business will be able to make the necessary
repayments.
TML can help you to provide that evidence by preparing monthly or quarterly
management accounts and helping you to compile detailed business plan, financial
budgets and cash flow forecasts. Additionally, through our network of close
professional contacts we can assist you to obtain other forms of finance, including:
• Hire purchase and professional loans
• Sales invoice factoring and discounting
• Leasing and contract hire
• Bank Introductions.
Raising finance for a business is not easy, but there are many different approaches
that can be tried. We can help you to find the money that you need and ensure
that it is provided in a form which is suitable and cost-effective for your
circumstances.
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