In order to get these businesses off the ground, most people will need to apply for some kind of funding. Some examples of these include business loans,
invoice finance (or factoring), and asset finance – ICS’ Funding Solutions team is ideally placed to assist with business finance enquiries.
If you are seeking funding for your startup, it’s important to remember that no funding comes without a price. Lenders will usually want something in return
for lending their money to you such as some form of security, a personal guarantee or even ownership of the company via shares. It’s important to balance
the risk against the amount of funding you require to get your new business off the ground; be mindful of keeping your expectations realistic.
All funding options detailed on our website are available for startups as well as established businesses. However, the risk is often greater when funding
a new start business than a business which has been trading for a number of years.