How do i raise £50,000 for a deposit on a commercial property cheaply ?

Question

I have outgrown my workshop and need to get a bigger one but i dont have the finance to put a deposit down.

Answer 1

Make better use of what you have -
consider longer working hours,
consider different working practises (can you reduce the space / time required for some jobs ?)
consider 'cherry picking' work (i.e. accepting only high value work)
consider 'targeted' price increases = identify non- / low profit customers (and type of work) and put up the prices you charge those customers (and that type of work) - if a non-profitable customer departs this will free up capacity to take on more profitable work
consider increasing prices on work that takes up the most resources (space / time)

If all else fails, consider making across-the-board blanket price increases until the amount of work no longer exceeds the capacity of your Workshop.

Save the extra revenue until you have sufficient for the deposit

Answer 2

If you haven't made sufficient cash with your existing workshop to stomp up a deposit on a larger one, I would seriously doubt the wisdom of raising more cash and incurring greater expense.

If on the other hand you business and business concept is good, maybe think in terms of trying to attract a partner with money. If you haven't got security, nobody is going to be queueing up to make cheap money available to you.