Andrew Wordsworth - Renewable Energy Installer

SME FUNDING ALTERNATIVESBANKS • 33% of SMEs rejected for Loan Applications• £140bn “Funding for Lending” initiative subsidising rates• Emerging SME-focussed banks (e.g. Shawbrook;Aldermore)ASSET BASEDFINANCE• ~42,000 UK’s SMEs use accounts receivable finance(e.g. Invoice Discounting/Factoring)P2P LENDINGPLATFORMSOWNRESERVES• Range between £5,000 and £250,000• Leading platforms: Funding Circle; ThinCats• Use retained profits from one technology (e.g. Solar PV)to develop new technology (e.g. GSHP)EQUITY • Venture Capital• Angel Investment• Crowd-Funding7