Finance and Advice

Trafford Council is committed to helping businesses in Trafford to grow and prosper. We work closely with business support agencies across Trafford and beyond to give you easy access to any advice and support you may require.

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Providing access to advice to a range of funding opportunities, and support in accessing specific grant funds and relevant support organisations, Trafford is committed to working with businesses, developers, key stakeholders, and local residents to deliver economic growth. Details on the Town Centre Growth Programme can be found under the ‘Trafford Town Centres and their Opportunities’ section on page 52.

Trafford Small Business Loan Fund

Trafford Council offers new and existing businesses the opportunity to borrow between £5,000 and £25,000 (APR 6.2%) repayable over 2 or 3 years to help you get a new business idea off the ground or to assist with the growth of existing businesses. Applicants must fund at least 50% of the total cost of the scheme. The Fund is managed by GC Business Finance (GCBF), part of the Growth Company. There is a particular focus on loan applications from businesses looking to reduce their carbon footprint or those looking to have a positive impact on the environment. The Council is also keen to grow key sectors of the local economy such as professional and financial services; advanced manufacturing; health and digital; and creative. For further information and to submit an Expression of Interest, please contact a member of the Inclusive Economy and Communities Team by email on business@trafford.gov.uk

Access to Finance North West

Access to Finance North West offers impartial and independent advice and introduces businesses to potential new sources of finance, from grants to venture capital and Business Angels. Help is available with all financial aspects of business planning, such as completing financial forecasts, budgeting and developing a financial strategy that can support future growth.

You can contact Mark Renshaw, Access to Finance Specialist on 07714 765998.

Better Business Finance

Better Business Finance brings into one place a wide range of finance providers across Britain - including business angels, regional funds, government schemes and banks – enabling businesses to more easily seek the finance they require. Its free and easy-to-use search engine allows businesses to refine searches according to geographic location, industry, finance required, and life stage of the business.

Greater Manchester Export Fund

The Greater Manchester Export Fund provides loans of between £3,000 and £150,000. Interest rates typically will be between 8-15%, and the term of the loan can be up to 5 years. Fees of 2% arrangement fee and 1% per annum monitoring fee apply. Loans are secured by personal guarantee.

Applicants have access to a team of International Trade Advisors through DIT if appropriate to develop their export strategy. Support is targeted at SMEs who, due to their lack of export history, small scale or perceived highlevel of risk, cannot access export finance from other sources.

Loans provided by GC Business Finance can be used for working capital or as cash support to enable clients’ bank to issue tender bonds, advanced payment guarantees or performance bonds.

Contact: T: 0161 245 4977 E: businessfinance@growthco.uk

Business Rates Relief

Information concerning business rates is available via the GOV.UK website or via Trafford Council’s Business Rates Team. There is also information via the Council’s website and the NW Valuation Office Agency website. Contact: T: 0161 912 2348 E: business.rates@trafford.gov.uk For further financial information and opportunities for funding support, visit www.InvestinTrafford.com

There are also a number of government funding opportunities have also been made available throughout the COVID-19 pandemic. To view these options and for more information you can visit: https://www.gov.uk/government/ collections/financial-support-forbusinesses-during-coronaviruscovid-19.

HERE WHEN YOU NEED US MOST

We are facing unprecedented times, but it’s important to remember that you are not alone.

GC Business Growth Hub is here to provide assistance, support and guidance for businesses across Greater Manchester. If you’re concerned about how COVID-19 will impact your business, our advisors are here to support on:

• Finance and cashflow • Remote working • Employee support • Supply chain challenges • Legal and insurance • Leadership • Tourism and hospitality

WE’RE HERE: 0161 359 3050

BUSINESSGROWTHHUB.COM/CORONAVIRUS TRAFFORD

Exceptional homes, meticulous attention to detail and passion since 1997

LANDMARK PROPERTY GROUP LTD ARE A MULTI-DISCIPLINARY PROPERTY COMPANY SPECIALISING IN DEVELOPMENTS AND INVESTMENTS.

Our experience and straightforward approach have enabled us to build a successful business based on the principles that we believe set us apart for our competitors.

Trust and transparency are integral to our philosophy and those same principles still hold true to this day. As a private company, we are privately funded and do not rely on any external finance to complete our acquisitions. We firmly believe in community-led developments, which involve local community and government. We reinvest profits, helping fund new infrastructure projects and local services which benefit residents and businesses in the district. We aim to build positive and lasting relationships with local communities whilst maintaining the principles of design and luxury at the very heart of every development, ensuring they are all delivered with the same level of brand quality and detail.