As a self-employed person, you will need to consider what money you need to live on as well as money to start up the business and keep it going.
As a new start or growing business you may be eligible for funding to help you start up or expand your business and there are a range of organisations and Government departments that may be able to help you.
You can access a range of websites to find out more about what help is available on the Funding and support page.
There are many sources of finance, but you should get advice on interest rates, lending terms and repayment periods before committing. We would always recommend you speak with one of our business advisers prior to applying for any loan fund.
The most suitable finance option for your business depends on:
The below link will explain the different types of funding available.
Gov.uk - Business finance explained (external website)
Business Inspired Growth is a Local Enterprise Partnership covering York, North Yorkshire and East Riding working with public and private sector partners, to deliver economic improvement and change.
Business Inspired Growth (external website)
The Humber LEP is a partnership of business, education and the four Humber local authorities working together to promote and develop the area surrounding the Humber Estuary and provide strategic economic leadership to create jobs and deliver growth.
Humber LEP (external website)