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Raising finance

It was once the case that a budding new business with a decent business plan could raise finance relatively easily. Those days have long gone, and new and established businesses are finding it tough to raise any kind of finance.

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Raising finance

The main ways of raising finance are to take a loan with a high street lender but, increasingly, with the high street lender’s policy for businesses, businesses are now looking at using business angels (e.g. Dragon’s Den) or local investors.

Where finance is required, an investor or lender will look to carry out as much due diligence on your business as possible.  Due diligence is a series of enquiries regarding your business.  As lawyers we are heavily involved with the due diligence process and are highly experienced in acting for businesses that are invested in by local investors.  As commercial solicitors we understand the requirements of a business seeking investment coupled with the investor’s requirements for the business.

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For business law advice call 0845 225 2635

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