The Automotive Council has no role in facilitating access to finance. The following information is intended to provide an overview of the wide range of funding options available from traditional bank lending, through to alternative non-bank finance provides.
British Business Bank and Institute of Accountants England and Wales – Business Finance Guide
The guide sets out the full range of debt and equity finance options for businesses as they journey from start-up to growth to listing on the stock exchange. It focusses on the market as a whole, offering several tools and ideas to help businesses weigh-up their options, make decisions and plan how they will finance expansion.
Companies are advised to seek expert advice when appropriate for the size, type, structure and finance requirements of the business.
Find out more: Business Finance Guide
Tooling Loan Fund
The £24 million Tooling Loan Fund has been set up help toolmakers and component manufacturers fund the design, development and manufacture of tooling or the expansion of tooling capacity.
Find out more: Tooling Loan Fund
Support from the Devolved Administrations
The Devolved Administrations have their own business support programmes and businesses in those locations should contact them directly.
SMMT Funding and Support Guide
A comprehensive list of funding, finance and support schemes is available for download at the SMMT website here.
The guide includes programme categorisation for easy identification of available schemes for information on UK, regional and European funding and support schemes, eligibility, descriptions, application information, contact details where appropriate and useful links.