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@elizasmith4045
IR35 is hardly a new piece of legislation. It has been on the statute book for almost 20 years, having been introduced by the Finance Act of April 2000, and has generated plenty of comment and controversy along the way.
Finding investment funds for your business is a top priority when starting out or looking to grow. A good place to begin when you need business finance is by looking at HMRC’s Seed Enterprise Investment Scheme (SEIS) and Enterprise Investment Scheme (EIS).
“I Have No Revenue … How Can I Fund My Business?”
It’s not uncommon for start-ups or small businesses to have no revenue at all. Everyone’s got to start somewhere!
But if you’ve found yourself reading this blog, you’ll be pleased to hear that you’ve come to just the right place to turn things around for your business.
Financing a business that’s not generating revenue yet can be a challenge but, actually, there are loads of funding options out there for a business like yours. Granted, there might not be as many business finance options as there would be for a revenue-generating business, but there are still options. You’ve just got to know how to access them, and that’s what Swoop’s here for.
Click here to see Swoop’s top funding tips for a non-revenue generating business
Before you start trying to contact lenders about business finance and getting hit with a discouraging “No!” we recommend that you give these three top tips a whirl.
1.   Check out the UK’s start-up loan schemes
Getting a loan for a new business can be tricky. But according to Swoop’s gurus, the thing to do is start researching start-up loan schemes in the UK, immediately. These loan for business schemes offers up to £25,000 per director in your business, at a fixed annual rate of just six percent. There are no application fees or early repayment fees, which is great because of every bit of cash count.
What’s more – if you’re based in Ireland – you can still access these start-up loans for business schemes by registering a UK branch. This is something the Swoop team could give you a hand with.
Click here to talk to Swoop about UK start-up loan schemes, or for some help in setting up a UK branch for your business.
 2.   Look for grants available in your area
Depending on where your business is based, and what sector it falls into, you could be eligible for one of your region’s startup business grants. It’s a bit of a postcode lottery and the application process can be long and time-consuming, but when you get your grant money you won’t have to pay anything back – ever. Not a penny! Business finance doesn’t get much better.
So, for a small business, it’s well worth the effort if you end up being approved for one of these new business grants.
 3.   Register your business on Swoop
We specialize in business finance for companies like yours. If you’re a small company or startup that’s not generating revenue yet, and you need business funding, we can help.
We’ll match your business with a lender who’s willing to fund your company regardless of what stage you’re at in your journey. We’ve got over 1,000 investors registered who are looking for businesses to invest in, so we’re confident we can find your small business some funding solutions to kick start your growth.
Click here to start the conversation and get your business registered on Swoop Funding.
To get our funding journey started, or to discuss any of your funding needs, please drop us an email at [email protected] or visit us at swoopfunding.com
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Swoop customers to receive $3,000 free credit with Amazon Web Services
Swoop is delighted to announce its partnership with Amazon Web Services (AWS) – and to be able to offer all Swoop tech startups an amazing $3,000 of free credit.
AWS provides startups with low cost, easy to use infrastructure needed to scale and grow any size business. And with the AWS Activate program, you’ll be given access to resources specifically designed to help new tech businesses get started on AWS.
Some of the world’s hottest and most successful startups use AWS, including Airbnb, Lyft, and Slack, so you’ll be a good company.
Who’s eligible?
If you’re a technology business, and you’re matched with funding through Swoop, you’ll be eligible. The benefits include:
•         $3,000 in AWS Promotional Credit valid for one year
•         Two months of free AWS Business Support
•         80 credits for self-paced labs training
Tell me about the credits
The AWS Activate Credits cover most AWS services. A comprehensive list of eligible services, your exact credit amount, expiration date, and the remaining balance of your credits, can all be viewed on the AWS Billing and Cost Management console.
Your AWS Activate Credits are automatically applied to your AWS account upon receipt of your application approval email. You won’t need to take any action.
Tell me about the free AWS Business Support
AWS Business Support provides 24 hrs a day, 7 days per week technical support, a call/chat support channel, and premium response speed, in addition to the account help from AWS Basic Support.
Tell me about the training
You will receive 80 credits for self-paced lab training, which provides hands-on practice with AWS services in the AWS Cloud environment. The AWS Training and Certification site offers free digital training for AWS skill levels ranging from beginner to expert.
How do I apply for AWS Activate benefits?
Once your funding process with Swoop is complete, we’ll send a unique code to start your application process. You will need to sign in with a valid AWS account to access the application, which will be provided by Swoop.
For further detail and information, please refer to the AWS Activate FAQs.
To get our funding journey started, or to discuss any of your funding needs, please drop us an email at
or visit us at
swoopfunding.com
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