Get instant access to expert hints and tips in the click of a few buttons. The key take away from this is that there are more options out there for businesses and increased funding could be the answer for some businesses looking to expand and achieve business goals. There are so many different funding options out there for businesses looking to expand. Each with pros and cons of their own and some more suited to a specific business’s needs than others.
- Case study The Cycling Sparks Aaron Fleming-Saheed, an electrician from South East London, switched from using a van and public transport to a more sustainable option.
- I recently took out a loan and then soon after cancelled it.
- The government has made funding available to some local authorities in England that are introducing clean air zones.
- There are benefits that come with business expansion including the increase in customer reach, sales and profits.
The Established SMEs Funding section of Enterprise Ireland lists several ways you can get financial help for your small business if it’s already up and running and you’re based in Northern Ireland. If you’re an entrepreneur who’s building a solution to social problems in the UK, check out UnLtd awards. If you’re 16 or older, willing to participate in learning, and working for the benefit of others, UnLtd could help you start out. They offer awards from £500 to £15,000 across two separate startup packages.
If you have a good month, then you pay the loan back quicker. As this is advance is based on card sales, the amount you can borrow is up to one month’s card revenue. For example, if your bike shop turns over £5,000 a month on card, you can borrow up to £5,000. We know that you are busy running your bike shop business and have designed the process to be as simple, clear and straightforward as possible. Simply apply now, and one of our friendly team will contact you back to discuss your requirements. Green loans offered by banks and other financial institutions may be an option.
Where Can I Find Small Business Grants In The Uk?
A site visit will be required three months after collection. Businesses and organisations can apply for up to five free bicycle stands in a high-grade stainless steel finish. Applications are accepted on a rolling basis so early application is advised while stocks last. Our Sustainable and Active Travel Grants application window is open until 4pm on 18 February 2022. Applications will be reviewed on a rolling basis with funds allocated by end March 2022.
Case study Sies Petcare A case study on delivering sustainable transport in animal care using ecargo bikes. Case study Ecofleet The London-based start-up provides efficient delivery services that beat the traffic, reduce pollution and cut the number of cars and vans on the road. Case study Peloton Liverpool The social enterprise aims to deliver a better cycling experience to all through skills development programmes. Case study Ride Clean The company was created in 2017 to deliver clean bikes for clean travel, offering its services to offices, cycling hubs, cafes and houses. Case study Mid Sussex Electrical Ltd A case study on the UK’s first electrical contractor to adopt an ecargo bike. Case study Cycling Coach Services A case study on Jason Falconer’s experience of using ecargo bikes to teach cycling and orienteering across Dorset.
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You can register your interest now and be the first to know about how you can win funding for your business. Make sure you read our guide to starting a business and don’t forget to organise business insurance. The process has been easy, uncomplicated and very quick. Their service is excellent with regular contact and support. I highly recommend this company for any business that needs finance.
Who Can Apply For Loans And Grants
The government have given us funding to encourage more people to walk, cycle and use public transport. Small and medium sized enterprises and self-employed people based or working in the zone will be prioritised for business grants. Eligible residents and businesses will be able to apply for the maximum grant or the maximum loan. We’ll make grants and loans available to help people and businesses prepare for the Clean Air Zone by upgrading to a compliant vehicle. A motorbike loan is a long-term investment, and you’re responsible for paying the loan off in its entirety. This guide gives an overview of a range of small business grants, both from the government and other organisations across the UK.
North Somerset Council has a limited number of free cycle stands to give away of the ‘Sheffield stands’ variety . If it would be charged, you can register your interest for financial supportand we’ll get back to you in early 2022. If you work in the Clean Air Zone and earn less than £26,000, you’ll be prioritised in our first round of funding.