At ASC Finance for Business, we specialise in making business finance work. Every client comes to us with a unique challenge, and it’s our job to find the funding solution to help them move forward, even if the odds are stacked against them.
Here are just a few recent examples of how we have assisted businesses in securing funding and truly made a difference.
A client needed to refinance a £3.4 million loan they’d taken out from a high street bank, which was draining cash flow.
We secured a new loan at a much lower rate, moving it from capital repayment to interest-only which worked better for them. This deal significantly reduced costs and improved liquidity. It also gave the client greater control over their property portfolio, as we were able to release five of the seven properties from the lender’s security.
A client wanted to purchase a fishing lake for his daughter and son-in-law to run as a new business venture. However, there was limited affordability from the trading side, so finding a willing lender was challenging.
We structured a deal using additional assets as security, and a high street bank financed the purchase at a 60% LTV.
Our client needed £208,000 to purchase an HMO. The deal was straightforward and progressing nicely until local HMO licensing laws threw a spanner in the works. Due to a recent rule change, the existing five-year HMO licence was no longer valid, and the council required an additional bathroom. Without it, the finance couldn’t proceed.
We negotiated with the local council and obtained written confirmation that they would allow a delay in the bathroom installation until the summer student holidays, enabling the licence to stay valid and the deal to proceed.
A client, a digital marketing firm, needed £135,000 to buy commercial premises. However, with only one year of trading history, the client had been refused by several high-street lenders.
We identified a lender open to projection-led funding, helped the client build a robust business case, and secured the loan, enabling them to buy their first commercial unit, reduce rental costs, and scale the business.
We don’t just arrange finance. We unlock opportunities. If there’s a challenge, we’ll rise to it and help you get the right funds to realise your ambitions.
