Facebook - Shropshire Business Twitter - Shropshire Business LinkedIn - Shropshire Business
http://www.tggroup.co.uk/services/tg-renewables/ http://www.lycetts.co.uk

Key small business finance campaign launched

A major campaign has been launched across Shropshire to help small businesses gain the finance they need to grow.

The Marches Growth Hub, the one stop shop business support service for the region, says its Get Finance initiative will help small and micro-businesses unlock new and alternative funding streams to aid their development.

Get Finance will feature a series of events and workshops organised or hosted by the business support teams in Telford and Shrewsbury, culminating in a high-profile Access to Finance event being staged in early 2019.

Paul Kalinauckas is the Marches LEP board member championing the Access to Finance campaign. He said a lack of funding was still a major issue for small businesses in the region

“Since the credit crunch when banks changed their credit criteria, a significant Alternative Finance sector has developed. There has been an explosion in the number of players in this sector, from peer to peer lenders, equity funds, invoice discounters and crowd funders to locally-based small business loan funds.

“But it can be difficult for small businesses to know where to start to gain access to some of these services, which is where the Get Finance campaign will help. Businesses in the Marches which are eligible for grant funding can apply for up to £167,000 and there are also a host of other loan options including the Midlands Engine Investment Fund.”

The campaign is being launched as the Marches LEP prepares to hold an Access To Finance Summit specifically for advisors and professionals working with businesses, to demonstrate the wealth of funding options available for businesses with high growth potential.

Paul added: “We do need to reach the intermediaries already working with businesses so they can help spread the word about the options available. The Access to Finance Summit in Telford is a dedicated event for key players in the funding, legal and banking sectors to discuss alternative finance and hear a keynote speech from business funding expert Norman Price OBE.”  

Mr Price is the former chair of the West Midlands Regional Finance Forum and now a board member at BCRS Business Loans. He has worked in industry at directorship level and more recently as a key influencer in public policy both nationally and in the West Midlands.

The summit will be held from 11.30am to 3pm at the University of Wolverhampton’s Telford campus on November 7.

To register your interest in attending the Access to Finance Summit go to https://www.eventbrite.co.uk/e/marches-lep-access-to-finance-summit-tickets-50062913522

Pictured: Paul Kalinauckas

http://www.iscoydpark.com

YouTube sessions put businesses in the picture

Free sessions will help companies learn all they need to know

9th May 2019

Export hub truck heads to new business show

Businesses will get international trade advice

16th November 2018

From the classroom to canine care

Former teacher creates super centre in Shrewsbury

23rd May 2019

Celebrating International Women's Day

Five businesswomen share their expertise

26th February 2019

Growth Hub gurus unveiled

Experts will drive business success

4th December 2018

New director joins the team

College welcomes new director

22nd June 2018

New Shropshire finance firm is launched

Commercial and business support on offer in Shrewsbury

10th March 2017

Employers urged to help shape bid

Hopes for new construction skills training hub

13th August 2018

Pricing with confidence advice

Expert will share tips with businesses at free workshop

30th April 2019

Growth hub celebrates three years of success

Over £1 million in grants secured for local businesses

10th January 2019

Mark launches new finance firm in Shrewsbury

Stag set up to help firms looking to expand

26th April 2017

Businesses urged to have their say

Views sought on plan to shape economy

4th July 2018

Hub helps thousands of businesses

Figures confirm impact of service

28th October 2016

Get Growing campaign launched by Marches Growth Hub

Launch comes after awarding £1.2m in grants

27th July 2017

Leading business women wanted for key roles

Opportunities to drive the area's economic growth

28th February 2019