Growth Hub

Company Mentoring Package

Our mentoring package offers essential business services, professional advice and help with planning future developments.
It is the perfect accompaniment to any small – medium business saving you thousands on your burn rate.
The Company Mentoring Package includes the following:

Business Mentoring

Initial Business Assessment and Plan, Quarterly Growth Consultation, Bank Account Setup, Identify Capital Raising Opportunities

Corporate Planning

Corporate Review and Recommendations, Tax Efficient Planning

HR Support

HR Starter Pack, (Company Policy, General Risk Assessment Handbook, Health & Safety and Contracts), HR Advisory Service, HR Portal & Rota System, Company Payroll, Auto-Enrolment

IT Systems

Initial Systems Review and Recommendations Office365 Partnership and Overview

Webinars and Seminars

Information exchanges

Workshops

Business, Motivational and Growth Workshops

Protection Services

experts in Retail & Commercial Loss Prevention

Accounting

Statutory Accounts, Corporate Tax Returns, Directors Self-Assessments, Access to QuickBooks Online.

Business Loans

A Term Loan is a loan that has a specific repayment schedule with a fixed or floating interest rate. A Term Loan can be appropriate for an established small business with solid financial statements and the ability to make a substantial down payment to minimize repayment amounts and therefore the total cost of the loan. The ability to repay over time makes it an attractive small business loan, as the expectation is that they will increase their profit over time. Term Loans are a good way of quickly increasing capital.

Short-term loan

Is a loan for a short period of time, usually lasting up to a year or 18 months. It is generally offered to companies that do not offer a line of credit.

long-term loan

Can run from 3 to 30 years. It requires monthly or quarterly payments from cashflow or profit. The loan may limit other financial commitments, including other debts, dividends or principals’ salaries and can require an amount of profit? set aside for loan repayment.

Intermediate-term loan

Generally runs more than one – but less than three – years and is paid in monthly instalments from a company’s cash flow.

Balloon Loans

Are shorter long-term and intermediate-term loans and come with balloon payments. These are called “balloon” because the final instalment swells or “balloons” into a much larger amount than any previous ones

Due Diligence for EIS Funds

ECP provide Due Diligence services on both single company investments and retail EIS funds. Through a combination of financial, team and business proposition review we provide insights into potential investments for the benefit of investors and advisers.

Due to this depth of analysis, we are able to advise upon and provide detailed business plans for companies seeking funding. Our technology allows us to more efficiently capture data needed for these reviews and we are relied on to provide business consultancy and monitoring for larger funds and accelerator groups.

Finance Options

1
IP Finance
An innovative debt facility allowing IP intensive businesses to get debt facilities in place against the value of their Intellectual Property. The facility allows businesses to realise cash from the development costs spent creating the IP and the future value that IP will bring to the business.

2
Invoice Financing
Allows you to borrow money against the amounts due from customers. Businesses pay a percentage of the invoice amount to the lender as a fee for borrowing the money.

3
Supplier Finance
Plays an important role in improving the cash flow and operations of a company. Supplier Finance provides companies with credit to buy goods from their own suppliers. In turn, they can use these products to deliver larger orders or build inventory.

4
Order Finance or Purchase Order Financing (PO)
A funding option for businesses requiring cash to fulfil customer orders. In a small business cash flow is a major problem, and there is likely to be occasions when the cash is not readily available to deliver against an order.

5
Asset Finance
A type of business funding used to access the equipment, machinery and vehicles a company needs, without having to find the upfront costs. Businesses can also use Asset Finance to release cash that’s tied up in the value of their current assets – this is called Refinancing.

6
Overdrafts
An extension of credit from a lending institution that starts when an account reaches zero. The overdraft allows the account holder to have access to, or to withdraw, money even when the account has an insufficient amount to complete a transaction.

7
Unsecured Loans
Are loans provided by a lender to a borrower without the use of property or other assets used as collateral to protect against missed repayments or defaults. An Unsecured Loan is the direct opposite of a Secured Loan, in which a borrower pledges some sort of asset as collateral for the loan, eg car or home.

8
Grants
If you own a small business it can be difficult to identify grant funding that is available, we are able to assist in identifying suitable grant funding options and the application processes involved.

9
R&D Tax Credits
Are a tax incentive from the UK government, designed to encourage companies to invest in research and development. The scheme was introduced in 2000 and only Limited Companies qualify for R&D tax relief. This scheme can dramatically reduce your tax bill, or you can claim payable cash credits as a proportion of your R&D expenditure. There are different types of R&D relief depending on the size of your company and whether the qualifying project has been subcontracted to you or not.