Funding for a business can be found in a variety of guises. A new business may need help with grants for equipment or working capital; more established businesses may need senior finance with loans from specialist finance houses or might be looking at different options such as invoice discounting.
Pensions are a source of finance for working capital or acquisition of capital items and can be adapted to fit many circumstances. Directors may find the tax effect of having business property held in their pension scheme advantageous.
There is an increasing appetite for private investment and with the reduction in bank finance availability it is important to know where to turn.
At Devine Law we have many contacts and links with specialist advisers who can help you to make the right decision when trying to raise further finance for your business.
Agreements and advice will be needed as these are put in to place and our experience will help to make short work of a potentially time consuming process.