Monday 20th September 2010 - Published by Robert Trigg - Communications Executive
Securing The Financial Future Of West Midlands Businesses
West Midlands businesses refused by High Street lenders can benefit from a new programme enabling them to borrow up to £50,000.
The business partners of Sutton Coldfield-based financial and business management support providers Suttongate Consulting are able to offer the loans to companies in the Birmingham, Solihull, Black Country or Staffordshire areas, subject to approval. The independent loan providers maintain their own criteria for lending, meaning that financial support is often available to those refused by the banks.
Businesses will need to be able to demonstrate a viable business model and/or a successful trading history and in some cases lending can only be made to Limited Liability Companies.
Suttongate Consulting helps businesses put together the business plans to enable them to obtain a loan, and also provide the financial support and mentoring that the lenders require, to ensure that the loan will be paid back.
Support from a financial specialist like Suttongate Consulting will improve the chances of a loan application from the independent providers being accepted and will provide confidence throughout the term of the loan.
Clients will also enjoy all the benefits of employing Suttongate; making their business easier and more rewarding to manage.
In addition, organisations that pay their business rate to Birmingham City Council and have a minimum of two years' successful trading could be eligible for a loan of £100,000 to £1m (maximum £500,000 for an initial loan).
Businesses interesting in finding out more can visit http://www.suttongate.com/access_to_finance.php or contact Suttongate Consulting.
Suttongate PR5 - Access to Finance Programme - a pr2go story
