Finding financial support to start and grow your business is always a challenge. There are many different types of finance to suit your business and your project. It may well be that a combinations of options are better than any single source.
There are few questions you will need to consider before you are able to consider which is the right source of finance for your business. How much you need, for what purpose and over what period, as well as the security you have to offer and the experience of the business and management will play a part in who is willing to invest in you.
Before you consider approaching funders it is a good idea to review and update your business plan.
In Pembrokeshire, we have worked together with a number of organisations to provide financial assistance options.
Small Steps to Enterprise - Financial support for Under 25 years
Flexible business finance from £1,000 up to £5,000,000 is available from the Development Bank of Wales, AND businesses located within the Haven Waterway Enterprise Zone are eligible for a reduced rate of interest.