I need funding for expansion
The key questions you should be asking yourself in this situation are:
- How much cash does the business really need to expand safely?
- How much time does the business have to find the funds?
- How do I present my business to a bank or funder to obtain the funds?
- What information do funders really need to see and understand?
- What commercial risks are there to my growing business and how do I protect myself from them?
- What are my real deliverable options under these circumstances?
Expanding a business is exciting and challenging, but not without risk. This may be the first time you have committed fully to growing the business and it can be a new experience. Winning new business feels great but overtrading is a common mistake that is made when a business expands too quickly; usually as a result of not having enough working capital or lack of pre-planning and various other reasons.
Panoptic have plenty of experience and working knowledge of how to plan, present and going funding an expansion. There is no set formula as every situation, requirement, person and business is different. We also have experience on protecting the business, and ultimately you, if you have or will need to give Personal Guarantees to secure funding.
Our first meeting or call is free of charge to enable us both to establish enough common ground to formally proceed. Once formally engaged, we start with a blank sheet, an open mind and a tried and tested process. We meet with you to fully understand your business and collect as much information as we need to.
The process is:
- Consult and Advise - following the unbiased and non-critical evaluation of your company's cashflow funding and business objectives we will know if your situation requires a Simple, Tough, Complex or Bespoke Fix.
- You Choose Strategy and Solution – after discussing your options, we can tailor a cost effective strategy and funding solution for you
- Source the Funding Product/s – depending upon your choices we will source one or more products for you that best fit the chosen solution
- Deliver the Solution – after you obtain sanctioned offers from the funder or funders, we will ensure they are delivered in a timely manner and your administration systems can cope with any new funding facilities
- Ongoing strategic meetings – this is an optional retainer to keep our expertise on hand. We would look to meet regularly to ensure the facility is fit for purpose and to keep you one step ahead of the funding options your business needs
We don't create unnecessary work for you or ourselves and explain exactly how any information you provide, or need to provide, will help you gain funding.
The Panoptic process can result in a Funding Information Report or Market Invitation Report that allows you full control of the acquisition of funds from banks and funders, from a level playing field, in a timely controlled manner that is cost effective.
We negotiate directly with the banks and funders on your behalf and translate their language and terms into plain speak.
Read Full Testimonials
Panoptic use their powerful Market Invitation Report, which somehow bridged the gap that exists between what we needed and what the bank wanted to lend, speed up the whole process and get the best deal for us. It's a simply brilliant idea and service.