The British Business Bank and ICAEW Corporate Finance Faculty has launched a new digital guide on sources of finance and professional advice for businesses. The online resource, which has the support of 23 trade and professional bodies, follows on from the earlier publication of a hard copy guide. The guide offers tools and guidance to help businesses weigh up their financing options, make decisions and plan how they will finance expansion.
“We want businesses to come out of the dark and have their most powerful tool to grow – information and advice,” says Michael Izza, chief executive of ICAEW. “Getting the right advice is crucial especially as the landscape and sources of finances has changed so significantly.”
Keith Morgan, chief executive of the British Business Bank, said: “A growing number of finance options have become more established, mainstream and accessible to smaller businesses over recent years, and building their awareness and understanding of those options is a key aim for the British Business Bank.”