Many individuals might consider a traditional high street lender when it comes to funding a new business, however, the banks’ particular expertise is normally with mortgages for the premises and overdrafts for working capital. 

Many do not have an asset finance department, or the ability to provide large unsecured loans for the build/refurbishment. 

 

In terms of equipping and fitting out the business, it is vital to team up with a finance provider that understands your industry, the equipment, the suppliers, the various funding options, and the tax relief considerations during this important step in your career.