Tag Archive for Funding

What are the funding options for hospitality businesses?

Originally written by fundingoptions on Small Business
Following a lengthy period of unprecedented disruption, hospitality businesses across the UK are once again gearing up for growth. So, what financial options are out there today?
Meeting hospitality business’ cash flow needs
If you run a hospitality business, you may be in need of a cash flow boost to help you grow your business post lockdown or to adapt your premises for customers.
Whatever your circumstances, there are a few funding options to choose from.
Examples of what you can use business funding for:

Hire new employees
Purchase more stock or inventory
Purchase new equipment (e.g. refrigeration equipment) machinery or vehicles
A refurbishment of your premises
A gap in funding

The days of having to rely on your high-street business bank for finance are long gone.
Alternative (or non-bank) lenders have been funding businesses of all shapes and sizes for years. In addition to this, the Recovery Loan Scheme (RLS), the newest iteration of government supported lending has recently gone live and will enable many more businesses to get the vital funding they need.
Here are a few examples of business finance types that could help you boost your venue’s cash flow as we continue to emerge from the lockdown.
1. Unsecured loans
Unsecured loans are available

Read more...

What are the funding options for hospitality businesses?

Originally written by fundingoptions on Small Business
Following a lengthy period of unprecedented disruption, hospitality businesses across the UK are once again gearing up for growth. So, what financial options are out there today?
Meeting hospitality business’ cash flow needs
If you run a hospitality business, you may be in need of a cash flow boost to help you grow your business post lockdown or to adapt your premises for customers.
Whatever your circumstances, there are a few funding options to choose from.
Examples of what you can use business funding for:

Hire new employees
Purchase more stock or inventory
Purchase new equipment (e.g. refrigeration equipment) machinery or vehicles
A refurbishment of your premises
A gap in funding

The days of having to rely on your high-street business bank for finance are long gone.
Alternative (or non-bank) lenders have been funding businesses of all shapes and sizes for years. In addition to this, the Recovery Loan Scheme (RLS), the newest iteration of government supported lending has recently gone live and will enable many more businesses to get the vital funding they need.
Here are a few examples of business finance types that could help you boost your venue’s cash flow as we continue to emerge from the lockdown.
1. Unsecured loans
Unsecured loans are available

Read more...

How to get a £30,000 grant for your London-based small business

Originally written by Anna Jordan on Small Business
Today the Mayor of London launches the £1m London Resilience Fund for businesses (including small firms), social enterprises and community groups who are based in the capital.
Funding of up to £30,000 from the £1m pot will be given to projects that develop innovative solutions to environmental and economic solutions facing London’s economy.
This could be an initiative to:

Boost supply chain resilience
Build businesses operational resilience
Tackle inequality
Address food insecurity
Improve health and wellbeing
Improve air quality and tackle climate change

To find out more information, please contact innovation@london.gov.uk.
The London Business Hub also provides a range of free support and funding opportunities to SMEs from all sectors. It includes an online portal where they can get advice on business rates, landlord negotiations, navigate government support schemes and recover reduced revenue streams.
Through a partnership with the Business School (formerly Cass Business School), firms will receive extra support and access one-on-one tailored advice with the Hub’s team of business advisers. A peer-to-peer network has been set up where business owners can discuss the difficulties they’re having.
The hub aims to help with the double blow of COVID-19, a potential no-deal Brexit and other future emergencies.
Sadiq Khan said: “The coronavirus pandemic has hit London’s

Read more...

How to win £150,000 for your beauty business start-up

Originally written by Anna Jordan on Small Business
Beauty brand consultancy, The Red Tree, is giving one beauty start-up the chance to win £150,000.
The firm has partnered with SFC Capital to launch The Beauty Accelerator. As well as the funding, the winning business will get knowledge and expertise from The Red Tree for 12 months, helping your beauty start-up get to the next stage.
Speaking about the launch, Stirling Murray, managing director of The Red Tree said; “We are extremely excited about The Beauty Accelerator. There is an incredibly vibrant independent beauty brand scene in the UK with dynamic entrepreneurs driving game-changing innovation and creating disruptive brands.
“We will give one of these brands the chance to dramatically accelerate their growth through significant investment from SFC Capital and a year-long collaborative partnership with The Red Tree. Our world class team has a wealth of commercial beauty experience and will provide strategic insights as well as access to a wide network of beauty industry contacts”.
Stephen Page, CEO of SFC Capital said “The beauty sector has been disproportionately affected by the Covid-19 lockdown, and it is important we help activity return to normal in this highly innovative and dynamic industry. At SFC we are always

Read more...

How to win £150,000 for your beauty business start-up

Originally written by Anna Jordan on Small Business
Beauty brand consultancy, The Red Tree, is giving one beauty start-up the chance to win £150,000.
The firm has partnered with SFC Capital to launch The Beauty Accelerator. As well as the funding, the winning business will get knowledge and expertise from The Red Tree for 12 months, helping your beauty start-up get to the next stage.
Speaking about the launch, Stirling Murray, managing director of The Red Tree said; “We are extremely excited about The Beauty Accelerator. There is an incredibly vibrant independent beauty brand scene in the UK with dynamic entrepreneurs driving game-changing innovation and creating disruptive brands.
“We will give one of these brands the chance to dramatically accelerate their growth through significant investment from SFC Capital and a year-long collaborative partnership with The Red Tree. Our world class team has a wealth of commercial beauty experience and will provide strategic insights as well as access to a wide network of beauty industry contacts”.
Stephen Page, CEO of SFC Capital said “The beauty sector has been disproportionately affected by the Covid-19 lockdown, and it is important we help activity return to normal in this highly innovative and dynamic industry. At SFC we are always

Read more...