1. Funding Info
  2. Learn about funding
  3. Different types of finance products

Introduction to different types of finance

This section helps you to understand how the different types of small business finance work. It discusses the general terms of each type of finance and will help you decide whether it is suitable for your business.
The finance product that best suits your needs is not only linked to the age of your business and its profitability status, but also to the amount of finance you require e.g. for small amounts of finance, credits cards and overdrafts can be extremely useful.
However, if you require large amounts, you will need to investigate the more formal types of small business funding, such as term loans and asset finance.