The ASC Blog

Another New lending Scheme doomed for the dustbin – thankfully there is ASC

Published 11/12/2012 10:45:00

I don't have a crystal ball and I'm not a betting man. I tend to make educated guesses based on previous results. My latest forecast is a pessimistic outlook for the newly announced Business Bank that was included in the Autumn Statement.

It sounds good on paper! But hang on, can we just think about the last initiative? What was it again? Yes - you and I are struggling to remember. It was the "Funding for Lending" scheme which was launched in August 2012. Only last week it was announced that it is an unsuccessful scheme with most lenders not making use of it.

So I am struggling to see the benefit of yet another scheme. I wonder if the influx of initiatives really provides the motivations and conditions for businesses to borrow. Thankfully there is ASC, who help thousands of businesses each year find the right finance for their business. We know that sensible business finance is available for sensible projects because we organise it week in and week out for our clients.

Nobody wants to go back to the lending conditions of 2007, which is why banks are more cautious and in some cases, rightly so. But very often they are not right to be so cautious and that's why ASC play an important role. Finance is available. If you need finance for your business - you don't need a new government backed scheme - all you need to do is talk to ASC.

I look forward to hearing your feedback on the new scheme and please call me if you need to arrange finance.

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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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