News: Funding Available to SMEs

Posted on 31st August 2017

Burgess Hill Business Parks Association

Funding Available to SMEs in the Coast to Capital Area.

If you are an ambitious SME based in the Coast to Capital region with the potential to deliver high growth and employment opportunities, you may be eligible to apply for funding through the Coast to Capital Funding Escalator.

The funding escalator is managed by The FSE Group and includes an Expansion Loan Scheme, Trade Finance Loan Scheme and a Growth Equity Fund, which is able to provide companies with loans and equity funding between £50,000 and £500,000.

Funding is available to businesses based in the Coast to Capital area which includes Reigate and Banstead, Brighton & Hove, Lewes & West Sussex.

The latest company to be supported through the Coast to Capital Funding Escalator was Cloud Spas, who secured funding to allow them to open a new nail bar at Gatwick Airport. The funding escalator can also be used by SMEs to:

  • Support marketing and sales activities
  • Cover the salaries of new staff positions until they pay for themselves
  • Pursue overseas contract opportunities
  • Develop additional products
  • Support larger office running costs
  • Bring key operations in-house
  • Drive export growth
  • Pay for the cost of new equipment

Jon Cornell, Fund Manager at the FSE Group “SMEs are facing uncertain times financially with the Banks not always able to support them. At The FSE Group we are able to provide funding for growing businesses that have been unable to obtain conventional finance. We are keen to help businesses to secure the right finance so they can reach their potential, growing sales and profits.”

For more information about the Coast to Capital Funding Escalator please visit: www.coast2capitalbusinessfunding.co.uk or contact Jon Cornell: jon.cornell@thefsegroup.com or call 07786 912674

 

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Testimonials

"The BHBPA is the most effective and dynamic business organisation I have ever worked with in over 30 years in Local Government. It has a very active and large membership whose points of view are taken seriously by all government structures. Peter Liddell does an excellent job in providing unique and enjoyable networking opportunities where members interact and discuss points of mutual interest. It provides a forum for businesses to discuss common issues, to share experiences and to play a powerful and meaningful role in the Burgess Hill community. The BHBPA provides important and credible support for all its members and ensures that their best interests are represented where necessary. "

Steve Cridland, CEO
(Burgess Hill Town Council)

"“I have belonged to this group since I started my own business, Lea Graham Associates, in 1986. The association has been through several incarnations since then, but its most recent one, BHBPA, is by far the best.

It’s much more than just a networking group, although it is supremely good at that too. BHBPA is inclusive and friendly and acts like a mutual-support society. The events are stimulating, worthwhile and often great fun and I believe most members share this opinion.”"

Susan Fleet, Managing Director
(Lea Graham Associates)

"“We have been members of BHBPA from its inception, and seen the organisation steadily grow and expand into the dynamic entity it is today, bringing positive benefits to all its members.""

Peter Hook, Manager
(Computer Systems Engineers)

"As MP for Mid Sussex I believe passionately in the importance of a vibrant local business community in order to create and sustain fantastic opportunities that enable people to meet their responsibilities, prosper and fulfil their potential. I am committed to collaborating with BHBPA and others to be an effective collective voice for Burgess Hill."

Mims Davies MP, Member of Parliament for Mid Sussex