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Gent77
2nd March 2010, 09:05
I have started a new job and I am looking at raising some finance. I have secured 2 good contracts but obviously being a new co we have no trading history so cannot open an account.
We have tried to get a deposit but for obvious reasons our clients will not pay but they will pay on delivery of materials. So first day on site. We do specialist construction. We have an order and at the moment and email from their bank saying they will pay direct.
Would welcome any advice.

Thanks

Gent77
2nd March 2010, 10:09
Sorry meant to say started a new Company LTD.

Ray Coman
2nd March 2010, 10:33
I have written a guide on finance for new start ups. This can be read at the following link:

http://comanandco.co.uk/uk-tax-help-advice/start-up-guides/financing-your-business.html

Please let me know if you have any further queries.