Funding for Small Business Workshop

An overview of the funding options for your business, overview of credit and credit assessment – what the finance company reviews and why?

Overview of programme content & methodology: 

–          ‘CAMPARI’ acronym

–          Business current account profile, monthly turnover, peak and troughs match to management accounts?

–          Business credit history (ICB and central credit register) as past performance can indicate future risk

–          Competition and peer analysis (compare gross and net margins, wages as a % of sales, price and USP)

–          Relevant management experience in the sector

–          Product or service offered and market for same

  • Outline of the credit market in Ireland including the range and type of finance providers (including alternate finance providers) and outlining their credit appetite and cost:

–          Banks products and services

–          Overview and application of the Governments Credit Guarantee Scheme

–          Use of Microfinance Ireland

–          Alternate finance providers

  • Tips and strategies for getting you or your business ‘finance ready’
  • Strategies for dealing with and addressing either poor credit history or personal credit legacy issues
  • Business plan for business vs. business plan for finance – key differences
  • Key financial indicators required for projections and cashflows
  • Working capital & cashflow workshop – linking cashflow to credible assumptions
  • Case studies & examples
  • Templates for participants for finance applications

*This workshop is facilitated by First Choice Financial Services DAC

Bookings available online