Those looking to banks for loans may find that they’re not lending and will have to look for alternative options for cash injection.

If this is a problem your company is facing then don’t worry in silence. Contact Beer & Young today for some free advice on business angels and private investing. It may be the answer you were looking for!

Alternatively if you are a trading business looking for development funds then most web based crowd funding sites are not for you. We, at Beer & Young have a large network of investors who would look to fund your business if you could agree terms with them.

Ultimately this was not a successful union, and long story short, Newco was formed by our client and one of the original lenders introduced by Beer & Young has provided debt funding to enable the business to go forwards. The opening facility is £350,000;  looking to significantly increase in the months ahead. We wish our client every success for the future. They have maintained their full customer base through this difficult period and are hugely optimistic about the future.

Due to high levels of unemployment and government cuts consumer spending is at a low, however this is very slowly changing.

Further emergency support in the form of its quantitative easing programme will be pumped into the economy next month.

Although the state of the economy is improving and the double dip recession is ending, that doesn’t necessarily go to show that the capital in your business has increased. If your company is still going through bad financial times then Beer & Young can help with investment.

Our client is an established technology company employing over 30 staff both in the UK and overseas. It enjoys a host of known clients in its sector and has the capacity to exploit markets around the globe.

Beer & Young were approached during the Summer to source urgent funding. The business had taken longer than anticipated to reach its current break-even point and the appetite by existing shareholders to further fund the business had receded. Whilst the future outlook was very positive, the business had reached a cash crunch whereby unless funding was received within three months, the business would be forced to close.

Beer & Young moved quickly, constructing our Turnaround Executive Summary, shortlisting relevant investors and presenting to them on behalf of our client. Within one week of take-on we had sourced an overseas trade group who were very keen to enter into this market and looking for acquisitions and/or joint ventures. Other investor meetings followed but it was clear that the trade group were the perfect match for our client.

Within weeks a soft loan was accepted by our client to cover urgent working capital requirements. Due diligence was undertaken and a partnership relationship entered into. Further investment has now followed giving our client the money they need to develop their business and deliver growth & profits.

The CEO KK commented:

“Thank you Beer & Young for all your efforts. You jumped into action, and quickly and efficiently delivered quality investors that provided a firm foundation for growth.  We have a highly positive outlook going forwards.”

This will have a huge impact on the number of jobs that retailers will have available, especially for young people.

Over a million 16—24 year olds have their first job in the retail sector. The retail sector is in fact currently the largest employer in the private sector. If this hike in rates is to go ahead, then there will be a threat to the number of jobs that will be available along with more troubled high streets in general.

A freeze in rates increase by the government and a fairer rate of increase in the future will be the way forward.

If your company is being hit hard by rate increase and the business has no disposable income and doesn’t know how it will survive without a loan or funding, then call Beer & Young for a solution.

“Thank you Beer & Young for all your efforts. You jumped into action, and quickly and efficiently delivered quality investors that provided a firm foundation for growth.  We have a highly positive outlook going forwards.””

Our Managing Director, Nick Young quotes:

Firstly thanks to all who helped make this year’s event the best Insolvency & Rescue Awards to date. It was so well run, everyone I spoke with really enjoyed themselves and was on great form. From our company perspective we are delighted to have won this award, and for the third successive year. Myself and my team are committed to the business rescue culture, helping businesses survive and turnaround their fortunes. We hope that we have contributed in a small way to raise standards in our sector and will continue to fight for the business owner in the years to come.

The Times Newspaper have argued that a lower top rate of tax and a simpler tax system have been would be the best way forward, rewarding those who create jobs.

If your company has been hit with a hefty tax/ VAT bill or are generally struggling financially then Beer & Young are the answer. At Beer & Young we can set up meetings with serious business investors.

Yesterday he was a speaker at a breakfast event hosted by Bucks Business First on the topic of raising finance, where he filled the equity finance slot. He was videoed, so you may find him on the BBF website sooner or later! Other speakers covered Crowd Funding, Asset Finance and Bank lending (RBS). He allowed himself to say that factoring was the commercial equivalent of heroin (easy to get on, hard to get off) and that accountants should never be allowed to write investment plans!

On October 4^th, he is being entertained by Phil Eckersley, Bank of England Agent for the South-East at a select luncheon for 12 in Aylesbury when no doubt the B of E will be asking local businesses for their view of the economy, or lack of it.

Lastly, on Wednesday 17^th October, he will be talking on MarlowFM, about raising finance as the principal guest on its Biz Buzz Programme. You can of course listen online at http://www.marlowfm.co.uk/index.html

If your business requires investment call Beer & Young today and speak to Martin, or one of our other colleagues. All of which are very knowledgeable on the subject and will help you in any way they can.