Virtual drop-in clinic offers business support for Monmouthshire companies

The Development Bank of Wales, Business Wales and Monmouthshire County Council are hosting a free virtual drop-in clinic next month. The online event held on 14 October aims to help local businesses find out about finance opportunities and wider business support available during these challenging times.

There are 20-minute appointment slots available between 10:00 and 15:00. These can be booked by contacting Development Bank of Wales Investment Executive Claire Vokes. She said: “By working in partnership with Monmouthshire County Council and Business Wales, we have all the expertise in one place to discuss your business and any support you may need. We’re keen to talk to as many local businesses as possible, so please do get in touch and book a slot for our virtual clinic.”

The Development Bank of Wales offers flexible finance from £1,000 up to £5 million. Established businesses looking for loans between £1,000 up to £25,000 can receive a finance decision within two days. Interest rates are tailored to each deal, there are no early repayment penalties. Terms up to 10 years are available.

Miranda Bishop, a Growth Business Adviser at Business Wales, said: “Business Wales offers advice and support to people who want to start their own business or need guidance to grow and expand. During these challenging times, we are on hand to help businesses re-start or find ways to diversify and build resilience for the future.

“We are delighted to collaborate with the Development Bank of Wales and Monmouthshire County Council, to deliver these business clinics and reach out to as many business owners in the area as possible, so I would encourage everyone who wants to find out what financial and non-financial support is available to them, to book a slot.”

Councilor Bob Greenland, Cabinet Member for Enterprise at Monmouthshire County Council, added: “This year has been incredibly challenging for so many businesses, and planning for future growth is important.  These workshops are a great opportunity for local businesses to seek advice and support, and we highly recommend booking in for a one-to-one session.”

To book a 20-minute slot email: claire.vokes@developmentbank.wales