Concerned about the cost of your workforce training? We provide access to a variety of funding options to make skills development affordable for your business.
Funding Options For Employers
With funding options like government-backed Apprenticeships, Skills Bootcamps, Advanced Learner Loans, and Employer Sponsorship, you can upskill your workforce without upfront costs. Invest in training that drives business growth while your team focuses on developing the skills that matter.
Funding & Payment Options for Employers
Invest in Workforce Development
At Fareport Training, we know that investing in staff training is key to business success – but we also understand that cost can be a concern. That’s why we offer flexible funding and payment options to help employers upskill their workforce without financial strain.
Whether you’re looking to hire an apprentice, enrol employees on a Skills Bootcamp, fund a Higher Technical Qualification (HTQ), or invest in group training, we have affordable solutions to meet your business needs.
Funding Options for Employers
Apprenticeships – Up to 100% Government-Funded Training
Apprenticeships are an affordable way to train new employees or upskill existing staff, with funding available through the Apprenticeship Levy or co-investment schemes.
Who pays for the training?
- Levy-paying employers (payroll over £3 million) use their Apprenticeship Levy funds.
- Non-Levy employers (SMEs) pay just 5% of the cost, with the government covering 95%. We can also support you to apply for a levy transfer from several large employers
- SMEs with fewer than 50 employees can receive 100% funding for apprentices aged 16–18.
Ideal for: Businesses looking for cost-effective, long-term workforce development.
Skills Bootcamps – Fully or Partially Funded Upskilling
If you need quick and intensive training for employees, Skills Bootcamps offer a fast-track route to upskilling in high-demand areas.
Who pays for the training?
- The government funds 100% of the cost for eligible learners.
- If you’re an employer enrolling existing staff, you may need to co-fund a percentage of the course.
Ideal for: Employers looking to quickly upskill staff with short, government-funded training programmes.
Higher Technical Qualifications (HTQs) – Flexible Employer Payment Options
HTQs provide specialist, technical training that helps employees gain advanced skills while continuing to work.
How can employers fund an HTQ?
- One-off payment – Pay the full course fee upfront for quick enrolment.
- Private payment plans – Spread the cost over three manageable monthly payments.
- Advanced Learner Loan (for employees) – Staff can apply for a government-backed loan, meaning no immediate cost to your business.
Ideal for: Employers wanting to train staff in technical or management roles with flexible funding options.
Employer-Sponsored Training – Fund Your Staff’s Qualifications
Many businesses choose to sponsor employee training, helping them develop new skills that benefit both the individual and the organisation.
How does employer sponsorship work?
- Employers can fund the full course fee or contribute partially.
- Employees gain relevant, work-based skills that directly benefit your business.
- Group training options available for businesses looking to upskill multiple employees at once.
Ideal for: Employers looking to develop future leaders and retain skilled employees.
Comparing Employer Funding & Payment Options
| Funding Option | Who Pays? | Key Benefits | Best For… |
|---|---|---|---|
| Apprenticeships | Levy funds (large employers) or 5% contribution (SMEs) | Cost-effective, long-term workforce development | Employers hiring new staff or upskilling existing employees. Employees receive training for the role they are in |
| Skills Bootcamps | Fully funded or part-funded (depending on employee eligibility) | Short, intensive skills training | Businesses needing fast-track upskilling. Employees can learn skills they need for a new role |
| HTQs | Employer-funded (with instalment plans available) or Advanced Learner Loan (for employees) | Specialised, career-focused qualifications | Employers investing in high-level training for key staff. Employees can learn skills they need for a new role |
| Employer Sponsorship | Employer-funded (full or partial) | Build internal expertise, improve retention | Businesses investing in employee growth |
Not sure which funding route is best for your business?
Contact us for expert advice and find the right funding option for your training needs!