[Hudlug] help needed

Tim hudlug at mailman.lug.org.uk
Tue Jun 10 14:20:01 2003


Charles Blackburn wrote:
> 
> i was wondering (maybe even Tim would know), I've started up a new
> business, and I'm trying to find help with funding. The bank doesn't
> want to know because I'm on benefits and they wont offer me a startup
> loan because I'm a startup (typical).

Really, you have to fund yourself.  The banks and stuff will only 
usually consider things from an existing business.  For example, if you 
want to borrow money to buy more stock to get it cheaper.
Any form of loan introduces risk.

> So my request is does anyone know anywhere where i can get "cheap"
> startup loans or startup grants?

There are various people like the princes trust, business link, small 
business incubators.

http://www.thebusinessincubator.co.uk    in leeds
http://www.hudbg.info/   - in huddersfield

But, expect to have to work very hard.

Working for a small business is not an easy ride.

Tim