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Where Is The Money !!!. Martin Edmonds – Business Loans Manager ART (Aston Reinvestment Trust) Feb 12 th 2014 www.reinvest.co.uk. What Money Is There ?. Loans Equity Grants ………………………. Peer 2 Peer Crowdfunding. Loans. Banks – You all know what they do….. Start up loan scheme
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Where Is The Money !!! Martin Edmonds – Business Loans Manager ART (Aston Reinvestment Trust) Feb 12th 2014 www.reinvest.co.uk
What Money Is There ? • Loans • Equity • Grants • ………………………. • Peer 2 Peer • Crowdfunding
Loans Banks – You all know what they do….. Start up loan scheme Finance Birmingham – covers Solihull ART – What do we do
ART (Aston Reinvestment Trust) • Est 1997 by Sir Adrian Cadbury – Hon President • Loans between £10k-£100k • Where the banks can’t help • Cover West Midlands – alone or with others • Interest rate from Base+10% - based on risk/security • 90% deals unsecured – but take guarantees • Any sector • Job creation/safeguarding
Grants • Business Development Grant – up to £15k • Business Innovation Programme – up to £30k • Green Bridge –up to £1m • There are others………….. changes frequently
Equity/Debt • Finance Birmingham -£50k-£1m – High tech/early stage/creative • Midven – 5 Funds start from £125k • Business Angel networks – Advantage Business Angels/Minerva - £150k++
Other Sources • Peer 2 Peer funders • ZOPA – up to £20k • Thincats - £50k- £3m • Funding Circle - £5k-£1m • Market Invoice – sell invoices online • Crowdfunders • Kickstarter – creative sectors • Seedrs - equity
Where Next? www.reinvest.co.uk www.birmingham.gov.uk/bdp www.birmingham.gov.uk/bip www.birmingham.gov.uk/greenbridge www.financebirmingham.com www.betterbusinessfinance.co.uk www.gbslepbusinesssupport.co.uk www.startuploans.co.uk
If all else fails!!!! “Put your hand down the back of the ………”