{"id":42074,"date":"2019-05-16T16:25:40","date_gmt":"2019-05-16T16:25:40","guid":{"rendered":"https:\/\/www.mywaggytailsbusiness.co.uk\/key-links\/enterprise-finance-guarantee-from-natwest\/"},"modified":"2019-07-31T14:10:06","modified_gmt":"2019-07-31T14:10:06","slug":"enterprise-finance-guarantee-from-natwest","status":"publish","type":"page","link":"https:\/\/www.mywaggytailsbusiness.co.uk\/resources\/enterprise-finance-guarantee-from-natwest\/","title":{"rendered":"Enterprise Finance Guarantee from Natwest"},"content":{"rendered":"

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Franchising<\/h1>\n

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Enterprise Finance Guarantee from Natwest<\/h2>\n

Finding the right solution for your business
<\/b>Sometimes, especially in challenging economic times, it can be difficult to access the working capital required to help your business.<\/span><\/p>\n

Natwest are keen wherever possible to support small businesses, but of course to lend responsibly, they need to be sure that your business has the assets behind it to secure a borrowing facility.<\/span><\/p>\n

But what if you don\u2019t have the assets needed to secure this, yet we agree that the ongoing viability of your business is not in doubt? There is a solution that could be right for your business.<\/span><\/p>\n

<\/span><\/p>\n

<\/span>The Enterprise Finance Guarantee
<\/span><\/strong>To help ensure that businesses can obtain the finance they need to expand or to meet day-to-day working capital requirements, we are participants of the Enterprise Finance Guarantee (EFG) scheme, an initiative operated by the Government. It is available to firms with robust business proposals that can\u2019t get conventional finance due to lack of security, and can be accessed by way of a loan, overdraft or invoice finance, to help meet your individual requirements. By you paying a premium to the Government\u2019s Department for Business, Innovation & Skills (BIS), they will issue a guarantee to the bank, so that we have the security we need to offer you the facility.<\/span><\/p>\n

BIS only guarantees 75% of the facility. There are certain conditions that you will need to meet to benefit from EFG funding. These include:<\/span><\/p>\n

Turnover
<\/b><\/span>The scheme is available to firms with a turnover of less than \u00a325 million in the last 12 months.<\/span><\/p>\n

Types of business
<\/b><\/span>The EFG is open to sole traders, partnerships, franchises, co-operatives and limited companies. You should either be trading already or prepared to start trading in the near future. You should, of course, be a business operating in the UK in order to be eligible for the scheme. The EFG is particularly suited to assisting franchise businesses, as we recognise that such enterprises often\u00a0<\/span>have insufficient security for conventional finance, but with the support of the franchisor, have robust business proposals. EFG finance can be used to assist in the set up of brand new franchises, transfers of existing businesses, or to assist in general trading expenditure for ongoing businesses. Natwest\u2019s dedicated\u00a0<\/span>franchise team will be happy to discuss how they can assist you. Please contact them on 0800 092 9117<\/span><\/p>\n

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Resources<\/strong><\/p>\n

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The dog business<\/strong><\/div>\n

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Why choose the pet industry?<\/a>
Do you love animals?<\/a>
Types of dog businesses<\/a>
Key doggy statistics<\/a>
What\u2019s in it for me?<\/a>
It\u2019s not all a walk in the park<\/a>
Are you fit to play?<\/a>
The legal and regulatory landscape<\/a>
Dog-care licensing<\/a>
Licensing and professional guidelines<\/a>
Professional guidelines for Dog Walking (UK)<\/a>
Guidelines for Home Boarding and Day-Care (England)<\/a>
Guidelines for Commercial Day-Care (England)<\/a>
Guidelines for Home Boarding (Scotland)<\/a>
Guidelines for Commercial Day-Care (Scotland)<\/a>
Planning permission<\/a>
Professional guidance<\/a>
Franchise partners we’re looking for<\/a>
Preparing your business plan<\/a>
Starting a dog business<\/a>
When can I \u2018Go Live\u2019 with my dog business<\/a>
What next?<\/a><\/p>\n

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Franchising<\/strong><\/div>\n

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<\/span>What is a franchise?<\/span><\/a>
What should I look for?<\/span><\/a>
Franchise support<\/span><\/a>
Franchising advantages<\/span><\/a>
Franchising disadvantages<\/span><\/a>
Types of business franchise arrangements<\/span><\/a>
Evaluating a franchise<\/span><\/a>
Franchise costs and returns<\/span><\/a>
Final reality check<\/span><\/a>
Market research<\/span><\/a>
Enterprise Finance Guarantee from Natwest<\/span><\/a><\/p>\n

<\/span><\/p>\n

Videos
<\/span><\/strong>
60 seconds introduction: Starting your own dog business, partnering with MyWaggyTails<\/a>
<\/span>
Alfie says \u2018we need your help\u2019<\/a>
Behind the scenes \u2013 home boarding for dogs with MyWaggyTails<\/a>
Why do businesses (and dog businesses) fail and what you learn?<\/a>
Setting up your dog business in 28 days<\/a>
Tips on starting your own dog walking business<\/a>
Thinking about starting your own dog business? Why it\u2019s difficult to quit your job.<\/a>
MyWaggyTails \u2013 the Director\u2019s Bloopers<\/a>
An introduction to a MyWaggyTails home boarding franchise<\/a><\/p>\n

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Navigate<\/h3>\n

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Home<\/a><\/span>
\n
Franchise<\/a><\/span>
\n
Business Support & Marketing<\/a><\/span>
\n
About Us<\/a><\/span>
\n
Why MyWaggyTails<\/a><\/span>
\n
Blog<\/a><\/span>
\n
Social<\/a><\/span>
\n
Contact<\/a><\/span>
\n
Join Us<\/a><\/span><\/p>\n

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Discover<\/h3>\n

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Key Dog Statistics<\/a><\/span>
Key skills<\/a><\/span>
Dog-care licensing<\/a><\/span>
Starting a dog business<\/a><\/span>
It\u2019s not all a walk in the park<\/a><\/span>
Types of Dog Business<\/a><\/span><\/p>\n

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Contact<\/h3>\n

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Tel: 020 3393 2093
<\/o:p>
mail@mywaggytails.co.uk<\/span><\/a><\/p>\n

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