Finding funding – Yorkshire business looks forward

THE crucial issue of finding funding for business was the subject of the latest specialist seminar from TheBusinessDesk.com.

An audience of Yorkshire business leaders showed confidence in the outlook for their firms and an appetite for expansion at the event on Friday at 3 Albion Place in Leeds in association with partners Lloyds TSB, Mazars Walker Morris and Leeds Financial Services Initiative (LFSI).

Simon Banham, director and head of large corporate for Lloyds TSB, said that liquity is returning to the banking system and he urged firms to “over communicate” with their bank and see the bank as their “business partner”. To see highlights of Mr Banham’s presentation click the screen below.

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Oliver Hoffman, corporate finance partner at accountants Mazars focused on two alternative sources of funding for firms – equity finance from successful entrepreneurs keen to invest in companies and business owners buying their company property using their personal pension fund assets. To find out more about these funding sources click the screen below to watch highlights of the presentation.

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Peter Considine and Ian Gilbert of law firm Walker Morris gave the audience their “five steps to funding heaven” – ways to ensure that a company can complete a deal successfully. To find out more click the screen below.

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Howard Kew, chief executive of Leeds Financial Services Initiative spoke about regional support for an international problem. Mr Kew told the audience that the outlook now for the financial services sector was certainly better than earlier this year. For brief video highlights of his presentation click the screen below.

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David Parkin, Editor of TheBusinessDesk.com, chaired a question and answer session at the event where the panel took questions from the audience of more than 60 business owners and directors. To watch highlights of the Q&A discussion, click on the screen below.

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