Blue Dot Consulting

"Left unchallenged, a lack of accessible finance for businesses could prevent the recovery accelerating."

Vince Cable was talking about kick-starting further bank lending to SMEs as a route to economic recovery but of course funding growth is an issue all the time and the options vary depending on your stage of development

We look at the context of your business and develop appropriate solutions. For example:

• There may be an opportunity to improve funding simply by paying more attention to credit control and managing suppliers - internal funding is always cheaper and easier than external funding
• It may be that you're not ready to grow and you need to solve one or two problems within your business before you can do so. Taking time to steady the ship will improve the chances of raising finance.
• If external funding is the right solution for you, then you will need a detailed business plan including profit and cash flow forecasts

And once the plans are in place and the time is right, we'll help you identify the right sources of funding and make a credible case to put before the bank or investor.

Be warned that this can eat up a lot of time so make sure your core business is a well-oiled machine before looking for growth funding.