Should I consider Crowdfunding to finance my Business?

The best way to learn whether Crowdfunding or Angel Investment is right for your business is to call us on 0800 093 5240 or complete our enquiry form.

Or you can read on and contact us later!

In deciding whether crowdfunding will meet your business’ needs there are several things to consider:

1. Are you seeking a straightforward loan at an agreed rate? Or, are you thinking of raising finance in return for equity in the business? Most Crowdfunding platforms offer one or other option, a few offer both.
   
2. The concept has been proved in many cases to work well. The problem that you will have is to choose which Crowdfunder is most suitable for your needs.
   
3. At BFS we aware of a number of crowdfunding platforms suitable for business, all of whom offer different funding solutions. We work with our clients to decide:
             a. Is crowdfunding a suitable source of finance for your business?
             b. If so, which platform is likely to offer you the best terms?
   
4. Making a submission to a crowdfunding platform involves you making a ‘Pitch’. Some platforms allow applicants to submit their own ‘Pitch’ Others insist on doing it for the client. BFS can help you in terms of advising who accepts self-generated pitches. If appropriate we can help you to produce what can be a complex but vital document.

It is important to understand, however, that whilst Crowdfunding is a valuable addition to the Business Finance market, it is only AN alternative. It is not THE alternative to traditional Bank lending. Indeed, it only represents a fraction of the “Alternative Business Finance Market”.

For more information on Crowdfunding for business and whether it is the right answer for your business needs, contact us for a free, no-strings consultation on 0800 093 5240, or you can email us at enquiries@bufinserv.co.uk and request a free, no strings, discussion.

Alternatively, please feel free to complete our enquiry form and we will get back to you as soon as possible.

Should I consider seeking Angel Investment?

The following are the main arguments pro and con taking on Investors:

• Investors are often prepared to consider more ‘flexible’ types of funding.
  
• Taking on an equity investor inevitably means you are diluting your shares in the business. This needs to be remembered, particularly if you are considering a series of equity investments to help the business grow.
  
• Investors may consider taking on a combination of Loan and equity funding. This obviously minimises the amount of equity you need to give away.
  
• One strong positive is that, in many cases, Investors bring much more to the table than simply finance. They will often have deep experience and industry knowledge and contacts.
  
• As with Crowdfunding, you may ask – “do I have the ability to put together a ‘Pitch’ that will appeal to potential investors.?”.
  At BFS we can be of great help to clients seeking investment. We can help you to avoid the pitfalls in preparing a suitable pitch. This can save you a lot of time, and result in a much higher prospect of success. We can also help in various ways to get your message in front of investors.

To explore your options in more detail call us today on 0800 093 5240, or you can email us at enquiries@bufinserv.co.uk and request a free, no strings, discussion.

Alternatively, please feel free to complete our enquiry form and we will get back to you as soon as possible.