When looking to grow your business, funds are not always readily available within the business. There are various options available to ensure a lack of capital does not prevent your future growth plans.
Each funding type has its own advantages and requirements, so it's important to choose the one that best fits your business needs and financial situation. If you need more detailed information or assistance with the application process, please get in touch.
Apprenticeship Levy Transfer
North Lincolnshire Council has money remaining from their own Apprenticeship Levy, and this can be used to support local businesses to access funding for training and skills development.
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Grants
Grant funding differs to loans in that it does not need to be paid back. Often set requirements are attached to this funding such as the requirement to create jobs, higher level skills etc.
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Loans
There are various ways to fund your business plans, including personal loans, bank loans, angel investors, specialist finance companies and regional funds like the Acorn Fund.
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