Finance

Since the transition from Business Link to LEPs and the changes in funding routes with BREXIT, finding actual practical grant support for businesses has become more complicated.. and that’s before you start on the pre-qualification and tender paperwork. However, grants are still available across the UK but in different formats and through different providers. The easiest way for you to check if a grant exists that could help you is send us your post code, company registration (grants are SIC code driven) and a summary of what you want to do with an approximate cost. We will research our database and get back to you by email with some suggestions. If you want to talk more after that we would be happy to help. NDM will be involved as much as you want us to. The larger the grant the more demanding the application process. We have successfully supported clients through the whole process – business review, writing the business plan, creating the financial forecasts and cashflow models, completing the application forms and supporting you during the approval process.

Some simple thoughts to consider:

Grants fund only part of the project cost, you will need the cash to pay for the services as the Grant pays only on proof of disbursement. Why do you need the Grant? Could the project be funded a different way? How many jobs will it create? Most Grants work on the basis of one full time job for every £10,000 of Grant paid.

As well as Grant funding we can put you in touch with other sources of business funding.

Businesses that invest in developing new products, services and systems are eligible for tax refunds under an existing HMRC scheme – R&D Tax Credits. Once you know the rules, claiming tax refunds is simple, and you don’t even need to be making a profit. NDM will help you understand the rules and make the process simple.

Capital Allowances tax relief offsets the hidden expenditure in your commercial property. Typically, this includes elements such as air conditioning, wiring, heating, lighting and security systems – essentially everything that would remain in the building if you tipped it upside down!

All commercial property owners who are UK taxpayers may be eligible to claim Capital Allowances tax relief. Your eligibility depends on several criteria, and assessing this is complicated, however, we can take the stress off your hands. Our team of experts are here to help you determine if you have unused allowances hiding in your property.

We understand businesses use a lot of energy day in day out, and so it is important for us to find a cost-efficient provider to suit all your requirements. Whether you have been using the same provider for years or you just do not have the time to compare prices yourself, NDM Energy will complete the process from start to finish.’