Growth Hub launches new tool to help SMEs find funding

A new online tool will help businesses looking to #ScaleInStaffs access finance and investment.

Stoke-on-Trent and Staffordshire Growth Hub has teamed up with experts at Finpoint – a business credit broker with a ‘whole market’ approach.

By filling out a simple form online, business owners can receive expert advice on credit and finance options that can help them grow their business through investment in new premises, equipment or machinery.

Guy Bridge is Chief Executive Officer at Finpoint. He said: “The market is opening up and lenders are being more flexible in recognition that this is a challenging time due to increased costs.

“We are a service partner helping SMEs access capital and take a ‘whole market’ approach to assist smaller businesses find the debt funding that is right for them.

“We speak to everyone who applies to give guidance where needed and to ensure they are comfortable with what they are doing.

“Working with organisations like the Growth Hub is key for us, as they are the first port of call for SMEs in need of funding.

“We’re delighted that the new tool is now available via the Growth Hub website and look forward to working with businesses across Stoke-on-Trent and Staffordshire.”

Businesses looking to secure investment for their growth ambitions can access advice from experts at Finpoint at: Finance and Support – Stoke on Trent Staffordshire Growth Hub (stokestaffsgrowthhub.co.uk)

The Growth Hub has a range of support services available and businesses across Stoke-on-Trent and Staffordshire can go online to book a free diagnostic with a qualified advisor.

Rebecca Parker, Head of Business Growth Hub, said: “We’re delighted to be working with the team at Finpoint.

“Our new #ScaleInStaffs campaign is all about providing advice and support to businesses that are looking to overcome the current challenges and achieve their growth ambitions.

“Finpoint’s ‘whole market’ approach offers SMEs an even wider range of debt funding options alongside expert advice and guidance to help identify the most suitable funding on a case-by-case basis.

“Growth Hub can also offer capital grants from £1,500 to £10,000 to support the growth of SMEs and our qualified advisors are on hand to help businesses access government-backed grants and finance.”

To find out more visit: stokestaffsgrowthhub.co.uk