There is more to financing a new business venture than simply taking out a bank loan. For many, especially those businesses in more risky ventures, equity investment could be a better choice. There are lots of benefits, including generous tax relief to investors who want to support new businesses.
- Other ways to finance your new business include:
- Start-up loans
- Asset-based finance
- Community Development Institutions
Whatever way you choose, it is important that you seek appropriate legal advice or assistance to ensure you follow rules and stay within your legal obligations.