BUNDLE: Finance and Funding
Finance & Funding
Bringing together the best advice, tools and resources to help you secure finance and funding for your business, you'll find all you need here including financial health checks, business loan guides and grant application support.
Whether you are looking to hire new staff, expand into new markets or develop new products and services, from time to time, you might need to access finance and funding if you want to grow your business.
By checking out the articles in this bundle, you'll learn how to find the cash your business needs whether it be via grants, loans, investment or any other funding route.
Click below to get started.
1
Using your cashflow statement for decision-making
Whether you're a start-up or an established business, your cashflow statement is a powerful tool to help you make smart decisions. In this article, the team at Transmit Startups have compiled eight questions that your cashflow statement can help you answer.
2
Free financial health check
At UMi, we're on a mission to help businesses take control of their finances. You can book your free financial health check to get started with a one-to-one session with an UMi Business and Investment Adviser.
3
Understanding the different types of business finance
To figure out what finance is best for you, you first have to consider what stage your business is at, what you’ll be using the funds for and whether you want to pay off a loan or part with shares in your company. In this article, we list the main different finance options for your business and explain how they work.
4
An introduction to grant funding
In recent years, there has been an increase in demand for grant funding, which is an amount of money payable to a business that does not need to be repaid. And with 1000s of funding pots out there, it can be difficult to know where to start. This article will give you a taster of what opportunities are available along with some things you need to consider before applying for a grant.
5
UMi Makes it Easy... to get your business grant ready
At UMi, businesses are always telling us that the key challenges when it comes to grant funding are knowing where to find opportunities and understanding how the whole application process works. In this webinar, we will provide you with an overview of the grant application life-cycle so that you leave with a clear understanding of what is required when applying for a grant.
6
Get Grant Ready - one to one support and grant writing
If you're trying to secure grant funding for your business but don’t know where to start, fear not because we’ve created ‘Get Grant Ready’ to help you find and apply for business grants so you never have to miss out on support you are eligible for.
7
WATCH: A guide to business loans
Business loans can be provided to companies of all shapes and sizes and operating in all sectors to support their growth and development. They might be used to buy new equipment or premises, hire and train more staff or expand into new markets. Because business loans always need to be repaid, you should take your time to consider what you can afford, where your business is financially and whether you will be able to make the repayments. We speak to UMi Business and Investment Adviser, Glen Callander, to get a general overview of debt financing and find out what kinds of businesses should be taking this funding route.
8
UMi Loan Finder
The right loan can help you fund extra capacity to grow your sales or address a short-term gap in cashflow. We developed the UMi Loan Finder with our trusted funding partner Swoop to make it easier to find the right finance for your business needs.
9
PODCAST: Steve Erdal on growing an AI-enabled, human-led business
With a background in Corpus Linguistics and a keen interest in Scottish mythology, Steve Erdal found his niche in AI-enabled customer feedback analysis. The Co-Founder and Chief Scientific Officer (CSO) of Wordnerds shares how the company has navigated proof of concept, seed funding and scaling through one of the most challenging times in business history.
10
Simple ways to prepare your business for investors
One of the big questions when starting up is how to fund your business – either from the beginning or when you’re up and running and ready to expand and grow.
If you’ve got to the point where you’re ready to consider investors, this article will help you understand how to prepare your business to maximise your chances of success.
11
How to make grant measurement and monitoring easier
Scrabbling to get evidence together months down the line with a grant performance measurement deadline looming is no fun. That’s why we have drawn on the wisdom of our Investment Team to help make measuring and monitoring your grant output easier.