Making Business Finance Work for You is a new guide created by the British Business Bank. The online guide aims to break down financial products available and cut through the confusion for business owners.
The British Business Bank know that understanding the many different types of financial product in the marketplace and how they can support your business can be difficult.
Their Making business finance work for you guide is designed to help businesses make an informed choice about accessing the right type of finance.
In this guide they’ve highlighted the seven most common challenges your business might face, and the types of finance that could help you meet them. This includes:
- Starting a business
- Research and development
- Importing and exporting goods and services
- Protecting cashflow and working capital
- Debt consolidation
- Purchasing a major asset
- Scaling and growing a business
