Alternatively, what do I do if I want a loan from £100,000, without security?
2006-12-19 11:05:28 · 3 answers · asked by mcfredex 1 in Business & Finance ➔ Small Business
The SFLGS loan scheme is designed for businesses, directors and corporate entities who cannot offer any security in obtaining finance for their new venture........
The bare minimum you will need is a solid business plan and a good accountant on board to assist you in the sometimes lengthy process so go and see one now to gauge the costs involved........Im not saying you cannot DIY this but you stand more chance with a competent accountant and a good business plan.
Good luck.
2006-12-20 03:26:53 · answer #1 · answered by veilofmistiness 2 · 1⤊ 0⤋
Without security or somebody to post it, it your after anything over £5'000-£10'000 you'll be lucky.
All depends on your business and what they can claim back if you go bust.
Talk to your local enterprise company, the PYBT and the banks
2006-12-19 12:19:41 · answer #2 · answered by John S 2 · 1⤊ 0⤋
Speak to you local business link about loans and grants, or via your bank, unless your match-funding (putting up a £1 for every pound you ask to borrow), it may not be possible.
2006-12-20 19:42:51 · answer #3 · answered by robert m 7 · 0⤊ 0⤋
Banks offer it , Talk to them.
2006-12-19 11:07:32 · answer #4 · answered by justice 2 · 0⤊ 0⤋