Onside | Page 22

ONSIDE / INTERVIEW EIS: THE TWO BILLION POUND BOOST FOR BRITISH BUSINESS S eneca provides capital and advisory services to businesses with annual turnover of up to £100 million. Funding can be provided by way of equity or debt, or a combination of both. One of the routes for providing equity is via the Enterprise Investment Scheme (EIS) because of the significant tax benefits available to investors who invest their capital in this way. Michael Taylor meets Seneca’s Business Development Director, Ian Battersby to learn why Banks, Institutions and Wealth Managers are spotlighting the Seneca EIS Portfolio Service for their clients. 22