Outset Finance

Place Category: Finance and Legal

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  • Outset Finance is a national delivery partner of the Government Start Up Loans scheme, providing access to finance and mentoring support to clients around the country. In particular, Start Up Loans are designed to support individuals who may struggle to get a loan from mainstream lenders or have been rejected by the bank. Outset Finance works with new clients to ensure that their business plans and financial forecasts are de-risked, robust and well-written in order to increase their chances of loan approval, and all successful applicants receive 12-months mentoring support to help them manage their loan and business growth. For more information, go to: www.outsetfinance.com

    The Outset service was established by YTKO Group in 2009 to help stimulate economic development, financial and social inclusion through the creation of sustainable jobs and businesses. Offering a flexible and client-focused program of workshops, mentoring and coaching, Outset empowers people to take charge of their lives and overcome barriers in order to create their own self-employment opportunities. Each local Outset offering is tailored to meet the specific needs and objectives of the local community and always has a significant focus on working in wards with the highest deprivation levels. Thanks to strong working links with sister service, Enterprising Women, the Outset service is embedded with best practice principles for supporting female entrepreneurship, a fact reflected in the well-above average representation of women in Outset services. 54% clients engaged by Outset are women, more than triple the national average of 17%. To date, the Outset service has supported the creation of over 4,000 new businesses and 4,400 new jobs. There are Outset services operating in seven key regions across South West and East England including Bristol, Bournemouth, Cornwall, Huntingdonshire, Plymouth, Swindon and Torbay. For more information, go to: www.outset.org

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