The ASC Blog
Age is no barrier to commercial finance
You may think that if you are of a certain age, then you may struggle to get business finance. And we’d be lying if we said it was always an easy process. But our experience of arranging commercial finance, for people of all ages, means that we know which lenders have the appetite for lending, and how best to convince lenders that age is no barrier to commercial finance.
- A couple aged 67 & 58 were declined by their bank on the purchase of a Buy-to-Let property - but ASC negotiated a deal to help them purchase the £110,000 property
- We were able to arrange bridging finance of £340,000 for an 84 year old client to purchase an investment property for his portfolio, pending the sale of another property.
- We arranged £350,000 for a couple to purchase a guesthouse on the south coast, despite them both being over 60 at the time of purchase
So don’t rule out arranging commercial finance for your business, regardless of your age. And if you are still unsure about what options are available for you, then speak to the specialists, with no obligation.