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Funding for Lending may be Failing… But Finance is still Available!

Published 04/11/2014 07:21:31

It is safe to say that the Government's Funding for Lending scheme has not proven to be a huge success (we’ll resist the urge to say “I told you so!)” Lending through the scheme was down in the second quarter of this year, contracting by £400m.

Even though the scheme is proving to be less successful then hoped, there are still lenders who are willing to lend to small businesses. Just take a look at some of the recent deals which we have done:

  • We raised £2,120,000 for the purchase of 7 flats above an office
  • ASC Finance for Business raised £810,000 for the purchase and development of a property, which our client was able to sell on for a sizeable profit
  • We arranged a loan of £275,000 to enable our clients to purchase a trading Cattery Business
  • ASC successfully negotiated a £800,000 deal to assist with the acquisition, development, and start-up of a new Care Home

So the Government might not yet understand small businesses and their funding requirements, but we at ASC Finance for Business do! Contact us today in order to speak to an experienced director who would be delighted to discuss your requirements.

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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.

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