A report released by Funding Options at the back end of last year revealed that small businesses are more than twice as likely to receive funding from alternative finance sources as they are from the banks. More incredibly though, the report showed that 20% of small business owners still aren’t aware of this source of funding, despite the industry’s enormous growth during the last few years.
Alternative finance has soared to new highs year on year with a report commissioned by the World Bank predicting that global value for the sector will be in excess of $93 billion by 2025. On a more local scale, the UK’s peer-to-peer market continues to grow and is predicted to exceed $6 billion by the end of this year.
Racefields, who recently launched their comprehensive crowdfunding research service, are now offering assistance to businesses, both large and small, that are seeking to raise capital via alternative finance.
Our corporate finance service takes the hassle out of fundraising, leaving the business owners to deal with their day-to-day duties. Clients will present us with a brief of their business, an outline of how much they want to raise and what they are going to do with the money.
Racefields will assist with pulling together all of the necessary paperwork that investors expect, including a robust business plan and financial projections, making sure that the business is in the best shape possible before opening it up to the crowd.
The next step is to place the business on one of the many platforms that are currently operational and manage the whole fundraising process, including answering questions from investors and handling the client’s online presence.
We firmly believe that crowdfunding and peer-to-peer lending are the future of finance and we want as many businesses as possible to receive funding.
We want to make this journey easy for them by offering our expertise in preparing the business and listing it on the best platform possible.
Racefields Ltd is an FCA-authorised corporate finance house that specialises in advising businesses seeking funding via crowdfunding and peer-to-peer platforms. Our goal is to make alternative finance more accessible to businesses and individuals looking to become a success in this highly-competitive industry. You can find out more by visiting www.racefields.com