: Cyllid Cymru Finance Wales - FINANCE WALES: BUILDING BUSINESSES

Daily Post (Liverpool, England), June 26, 2002 | Go to article overview

: Cyllid Cymru Finance Wales - FINANCE WALES: BUILDING BUSINESSES


Finance Wales has been established because research among small and medium-sized enterprises showed that they regarded the cost and availability of financial backing as the biggest barrier to growth.

The Welsh Assembly Government has worked hand in hand with the WDA to set up Finance Wales which has formed strong relationships with a range of high profile partners, including HSBC, Barclays and The Royal Bank Of Scotland.

Using a comprehensive range of financial products and management support services, Finance Wales addresses the specific needs of entrepreneurs, start-up and growth businesses. Loans of between pounds 1,000 and pounds 100,000 operate in a similar way to a bank loan and are typically used to finance investment in capital terms. They cover a variety of business requirements, from start-up to development proposals.

Community loans range from pounds 5,000 to pounds 50,000 and assist projects or schemes within the social economy that are financially viable and will be beneficial to the community. The enterprise must be able to demonstrate that other funding options have been explored and will be in place.

Renewable energy loans range from pounds 5,000 to pounds 150,000 and are available to businesses with viable new energy plans to help fund the purchase of necessary equipment. Finance Wales has set up this assistance to encourage the use of renewable energy as an alternative to a non-renewable source of energy, i.e. fossil fuels, and as a means of cutting pollution.

Equity investments range from pounds 10,000 to pounds 750,000 and are aimed at Limited Companies that may have exhausted alternative debt or private resources but still require more funding. Mezzanine investments range from pounds 10,000 to pounds 175,000. This type of funding operates as a traditional loan, with an option to exercise an equity shareholding when the term of the loan comes to an end. Mezzanine funding will focus on assisting technology-based firms and companies who are, for a variety of reasons, going through ownership change.

Xenos, The Wales Business Angel Network - matches and introduces potential investors on its register to SMEs seeking investment. Investors are often able to give businesses the benefit of their commercial expertise to ensure the injection of capital really works.

In itself, money may not be the complete answer to business development needs and how that money is used is the key to success. …

The rest of this article is only available to active members of Questia

Sign up now for a free, 1-day trial and receive full access to:

  • Questia's entire collection
  • Automatic bibliography creation
  • More helpful research tools like notes, citations, and highlights
  • Ad-free environment

Already a member? Log in now.

Notes for this article

Add a new note
If you are trying to select text to create highlights or citations, remember that you must now click or tap on the first word, and then click or tap on the last word.
One moment ...
Default project is now your active project.
Project items

Items saved from this article

This article has been saved
Highlights (0)
Some of your highlights are legacy items.

Highlights saved before July 30, 2012 will not be displayed on their respective source pages.

You can easily re-create the highlights by opening the book page or article, selecting the text, and clicking “Highlight.”

Citations (0)
Some of your citations are legacy items.

Any citation created before July 30, 2012 will labeled as a “Cited page.” New citations will be saved as cited passages, pages or articles.

We also added the ability to view new citations from your projects or the book or article where you created them.

Notes (0)
Bookmarks (0)

You have no saved items from this article

Project items include:
  • Saved book/article
  • Highlights
  • Quotes/citations
  • Notes
  • Bookmarks
Notes
Cite this article

Cited article

Style
Citations are available only to our active members.
Sign up now to cite pages or passages in MLA, APA and Chicago citation styles.

(Einhorn, 1992, p. 25)

(Einhorn 25)

1

1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

Cited article

: Cyllid Cymru Finance Wales - FINANCE WALES: BUILDING BUSINESSES
Settings

Settings

Typeface
Text size Smaller Larger Reset View mode
Search within

Search within this article

Look up

Look up a word

  • Dictionary
  • Thesaurus
Please submit a word or phrase above.
Print this page

Print this page

Why can't I print more than one page at a time?

Full screen

matching results for page

Cited passage

Style
Citations are available only to our active members.
Sign up now to cite pages or passages in MLA, APA and Chicago citation styles.

"Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn, 1992, p. 25).

"Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn 25)

"Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences."1

1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

Cited passage

Welcome to the new Questia Reader

The Questia Reader has been updated to provide you with an even better online reading experience.  It is now 100% Responsive, which means you can read our books and articles on any sized device you wish.  All of your favorite tools like notes, highlights, and citations are still here, but the way you select text has been updated to be easier to use, especially on touchscreen devices.  Here's how:

1. Click or tap the first word you want to select.
2. Click or tap the last word you want to select.

OK, got it!

Thanks for trying Questia!

Please continue trying out our research tools, but please note, full functionality is available only to our active members.

Your work will be lost once you leave this Web page.

For full access in an ad-free environment, sign up now for a FREE, 1-day trial.

Already a member? Log in now.