Finance

At NDM, we look to find money, any tax savings and business support available to you. If it is there, we will find it and then create a plan to get what you need.

Finance

At times all business will need funding so whether it is to buy an asset for the business, help manage cash flow or seek investment. AT NDM we have the connections to help with all of these, we will put the business case forward and work with you for the best deal.

Grants

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.

Tax Relief

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.

Loans

Loans are generally asset or equity backed, and on rare occasions secured against forecasts. Finding the right loan is first about understanding the needs of the business and the shareholders, what’s the purpose of the loan and how long will it be needed for.

Generating working capital for stocks and overheads is generally achieved through an invoice discounting arrangement. A detailed cashflow forecast is needed before entering into any agreement, especially in businesses with seasonality and extremes in sales volumes. Matching the funder to the business is key as some are more aligned to different sectors. Other considerations are the levels of import or export undertaken and the credit risks, especially if one customer dominates.

Borrowing against assets is another common approach, most often when buying something new or raising cash against assets that are owned by the business.

At the other extreme Equity Financing can be a good way of injecting larger amounts of cash into a business that is growing rapidly or needs development funding not available through other routes. Clearly this means giving the investor shares in the business and they will want a say in how the company is run. This should be taken into consideration as a sector relevant investor will add value beyond the money – think Dragon’s Den without the hype. Smaller businesses may find the route to Equity Financing is through Crowd Funding which generates the investment but with the risk spread over more investors.

Energy Broking

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.’

01952 287236

info@ndmhub.co.uk

Telford, Shropshire

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Finance

At NDM, we look to find money, any tax savings and business support available to you. If it is there, we will find it and then create a plan to get what you need.

You need NDM to find you the money.

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Creativity

NDM will tell you what we think of how your business looks to the outside world and then agree a plan to address any issues, help you compete with competitors, stay relevant and attract more business.

Let NDM help you be seen.

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Compliance

NDM will look at what you already have in place for health & safety, quality assurance, employment and insurance. Then, we will tell you what you have to do to comply and help you do it.

You need NDM to be safe.

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Business Development

At NDM, we understand that running a business can be a lonely place. But whether you are looking to grow, develop or sell your business, NDM will give impartial advice and support.

You need NDM by your side.

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