“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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