Safehouse Storage have provided an update for those affected by the Tottenham Warehouse fire. Read that and a message from Leader Cllr Claire Kober.
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Alternative Finance

There are a wide range of alternative finance options available which can suit businesses of varying sizes and sectors. Many of these have grown considerably in the last few years and for many businesses, represent the best way of achieving the finance needed for setting up or growing. To understand the options available, a summary is included below.

Business Finance Explained

This GOV.UK guide (external link) includes an overview of the below sources of finance, including the advantages and disadvantages of each:

Investment Finance
Crowdfunding
Loans
Grants
Overdrafts
Invoice Financing
Lease and Asset Finance

Visit the Great Business website (external link).

UK Crowdfunding

UK Crowdfunding was established in 2012 by fourteen crowdfunding businesses, aiming to promote and represent crowdfunding in the UK.

UK Business Angels Association

The UK Business Angels Association (UKBAA) is the national trade association representing angel and early stage investment in the UK.

Fredricks Foundation

Providing loans for businesses who are unable to access mainstream finance.

Visit the Fredricks Foundation website (external link)

Community Development Finance Association

Community Development Finance Institutions provide finance and also offer support and advice to people, businesses and social enterprises.

Visit the CDFI finding finance website (external link)

Non-Business Finance

For those involved in non-business ventures such as community initiatives, charities and social enterprises; the following sources of finance may be of interest:

Esmee Fairbairn Foundation (external link) - grants/funds for charities and social action
Local Trust (external link) - funding for community initiatives
Government funding (external link) - funding for VCS
Your National Lottery Good Causes (external link) - lottery good causes funding
Funding Central (external link) - cabinet office search tool
Big Issue Invest (external link) - social enterprise funding support
Bernard Sunley Charitable Foundation (external link) - charity funding support

Page Last Updated:

31 August 2017

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