- 1. BUSINESS FINANCE SOLUTIONS UPDATE 2014 BUSINESS FINANCE
SOLUTIONS
2. COMPANY STATISTICS 2012+ Background to BFS Business Finance
Solutions is a Government-backed, Community Development Finance
Institution (CDFI) and a service of Economic Solutions Group.
Established in 2002 it has a strong history in providing technical
support and alternative business finance across the North West to
Entrepreneurs who wish to start & grow their businesses. BFS
has lent 55m to businesses nationally Finance (500 - 2,000,000) New
Enterprise Allowance Loans : 500 - 2,500 Start Up Loans 500 -
25,000 Business Loans : 3,000 - 100,000 Links to debt and equity
products 100,000 - 2,000,000 3. Start Up Loans Loans of an average
of 6000 up to 25,000 FREE support with business plans and cash flow
forecasts FREE Business Mentor Special offers from partners;
Intuit, Paypal, Ebay and many more! Interest at 6% NEA Loans of 500
up to 2500 Applications come through from the Job Centre Blue
Orchid provide business support and assist with application
readiness Interest at 6% Start Up Business Loans 4. COMPANY
STATISTICS 2012+ Business Loans The funds are aimed at businesses
right across Greater Manchester and the wider North West who are
finding it difficult to raise the finance they need through the
traditional sources the banks and building societies. You may have
a good business idea that the traditional lenders find too risky,
or you may be in a sector that the banks are not lending to at the
moment. The loans will typically be between 3,000 and 100,000 The
loan interest rate will be between 10% to 15% unsecured, it will be
flexible, and affordable. 5. COMPANY STATISTICS 2012+ Worsley
entrepreneur gets Start Up Loan to fund new business A beauty salon
in Worsley has opened thanks to a start up loan from Business
Finance Solutions (BFS). Six new jobs will be created at the salon
which will be open six days a week. 24-year-old law graduate
Alexandra Morris is now working with a BFS mentor to help her
develop her business. BFS plan to allocate 15 million to new
start-ups across the North West over the next two years, which they
say will create around 3000 new businesses and over 5000 new jobs
in the region. 60,000 transformation for Daisy Nook Garden Centre
The family owned business will use the funding from BFS Business
Loans to install a children's playground and for repair and
maintenance of the retail areas, which will enable the business to
have more covers in the caf, increase the current retail space and
reduce energy costs. Daisy Nook Garden Centre is undergoing a
60,000 transformation to improve its facilities as it looks to grow
visitor numbers and turnover. Case Studies 6. COMPANY STATISTICS
2012+ Thank You Any Questions
