Webinar recording – Enterprise Series: Funding your business to drive growth
Funding your business for growth can be challenging. The UK financing environment is influenced by factors outside the UK’s borders, so taking the macro environment into account is important. In this webinar we looked at the global economic outlook and lifted the lid on some of the key points you need to know before starting a funding process.
Key takeaways on the UK economic outlook and what it means for the Bank of England:
- The UK economy has weathered a rise in financing costs well, and is now coming out the other side, with the recession behind us.
- Business growth should gradually rise from here, but inflation is still an issue for the Bank of England, meaning the Bank of England can’t aggressively cut interest rates.
- While markets may be a little optimistic on how much the Bank of England may cut this year, the medium-term trend should be lower gilt yields/financing costs for households/corporates.
Top tips for funding your business growth:
- Clearly define your business objectives over the medium term when considering funding. What is critical?
- Model the downside case to assess your risk.
- Ensure your financial reporting and base data is reliable and timely before beginning a process.
- Maintain focus on the day job during any process, do not let financial performance suffer as this can put a raise at risk if a lender loses confidence.
Click below to hear our panellists take on key points discussed in the webinar:
0:00 – Introduction
3:00 – The economic outlook and latest inflation developments in the UK.
13:34 – The current pricing position of banks and debt funds for typical deals.
22:29 – What banks look for when making a lending decision.
25:08 – What resilient means to lenders.
35:39 – The considerations required before embarking on a debt raise.
If you have any questions about funding your business for growth or would like to discuss the key insights from our webinar, please contact us.
