The ASC Blog

Securing Lending - it's tougher than you think!

Published 01/08/2013 10:23:00

Have you ever tried to borrow money to gain additional investment for a business? Have you tried in the last 3 or 4 years?
You may have found it a little tricky to get the high street bank manager or commercial lender to part with their cash. Unfortunately the story hasn’t changed and could start to get worse as, ‘Britain's banks have cut back on lending to small businesses in all but 22 postcode districts in the UK.’

These figures are a worry at best. It appears that the government is tightening the purse strings on Britain’s cash cow . . . small businesses. Not supplying additional investment for SMEs that make up over 95% of businesses in the UK, could turn out to be a major issue to our nations bottom-line.

Last year alone lending to SMEs was reduced by £4.5bn compared to the previous year although the amount of cash small businesses had in the bank increased by £7.2bn overall between 2011 and 2012.

But, don’t let the doom and gloom put you off! Finance can be obtained. One of our marketing messages is “Remember, business finance is still available” and we stand by that. Over the last 44 years we’ve seen recessions come and go and have always maintained that our model of arranging business or commercial finance works (if you’re in any doubt we have plenty of case studies and successful stories on our website; www.asc.co.uk).

If you’re planning a project or looking for finance to re-structure, grow or develop your business then have a chat with your local ASC Director. They’ll advise you on the best way to achieve potential for your business.
And don’t worry, they won’t charge you for a quick chat.

Back to the blog

We focus on arranging finance for your business...
so you can focus on running your business

10 reasons to
work with ASC

Why ASC?

close ✖

Why ASC?

You already know that arranging business finance can be a tricky experience.

We appreciate that your time is precious. With our extensive knowledge of business finance available in today’s SME market we can approach the lending institutions that are right for your business finance needs. You will be saved from the frustration of endless form filling, repeated conversations with numerous lenders, and save you from having to provide each different lender stacks and stacks of information.

Our job is to remove the ever increasing number of hurdles that are put in your path, by arranging business finance or commercial finance for you in a time-saving and more efficient manner.

ASC have been established for over forty years and we have experienced more recessions and ups and downs in the economy then we care to remember. Due to our clear focus on independent businesses and entrepreneurs we have developed a track record which is envied by our competitors. You will deal directly with an experienced Director who has a strong commercial background and real experience enabling him or her to find the business finance which is just right for your business.

close ✖

The Ten Reasons

We work in the way which works best for you

Call Now on
020 7616 6628


Get a Quote