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Options for Funding Your Manufacturing Business
Following the recession and the ‘credit crunch’ that preceded it, anyone in business is aware getting finance is difficult, even for healthy companies. For small manufacturers it may be particularly challenging, although hopefully with time, things will ease. To assist you, a range of options are listed below. They outline common sources of funding, together with initiatives and incentives available to financially benefit manufacturing businesses. We have provided some links and definitely suggest further investigation if they apply to you.
Additionally, professional financial assistance is highly recommended before selecting any funding solution – definitely get the opinion of your accountant and if you have one, your financial advisor.
Note: The information featured here is UK based, as is this website. However much of it will apply universally and as always, we are eager to hear about equivalent international funding sources.
Options for Funding Your Manufacturing Business: Common Funding Sources
Options for Funding Your Manufacturing Business:
Beneficial Finance Initiatives and Incentives
For a straightforward, easy to understand guide to funding and finance, we recommend starting with the ‘No-Nonsense Guide to Small Business Funding’, illustrated below. Click on it to download the PDF. It is produced by Business Link, the Government business advisory service and so provides impartial advice, as well as guidance and links to further information.
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