How finance is raised to purchase equipment, premises, new ventures or just to finance working capital is an important decision for all businesses.
The way your business is financed has an important effect on profitability especially when interest rates are high.
- Should new capital equipment be leased or purchased?
- Should funding be raised by share capital, loans or overdraft?
- What are the tax implications?
- Can any spare cash be invested temporarily?
All these considerations affect working capital requirements, the cost of financing the business and of course profits. These are not decisions you should take without professional help.
J S Bethell & Co can assist you in evaluating the various types and sources of finance open to you and to recommend the most appropriate to your particular needs and circumstances.
When seeking a bank overdraft or loan, applying for certain types of government aid or when you want to attract new investors or partners, you will need to present a convincing picture of your business’s financial position and future prospects. J S Bethell & Co offer support when liaising with banks and other financial institutions. Drawing on our wealth of experience we can support our clients through this often daunting experience.