Business Finance in West Yorkshire
Business Finance for Business People
Having been part of ASC as a commercial finance broker for over 20 years I am approachable with contacts throughout the ever changing local business finance marketplace.
My office operates and arranges business finance for clients throughout West Yorkshire including Huddersfield, Bradford, Leeds, Wakefield, Bradford and all points in between.
We have arranged commercial finance for all manner of local businesses throughout West Yorkshire and business finance and property finance have been arranged for all types of owner occupied businesses such as public houses, hotels, guesthouses and all types of retail businesses.
We have helped fish farms and catteries, manufacturing business such as engineers, fabricators, joiners and distributers.
We arrange local finance for local people.
ASC and your data – how we protect it
Just in case you missed our previous message amongst the many updates on the new Data Protection regulations (GDPR), click here for detailed information on how ASC Finance for Business Regional Directors collect, use and protect data. It also gives information about the legal bases upon which they utilise it and your rights in connection with it.
As business finance brokers in West Yorkshire we have provided all types of business loans to SMEs from small, start-ups to larger multi- regional businesses. Every client is assessed as an individual and their needs matched with the most suitable business loan.
Recently we have arranged business finance for businesses such as a recruitment agency, pubs and restaurants, nurseries, dance studio, takeaways, swimming academies, garages, car body shops, offices, flats and house developments and warehouse and offices.
I enjoy getting it right for each individual and when they tell you that “we could never have achieved this without you” it does bring a smile to my face.
I am an Economics graduate from the University of St. Andrews. I have always worked in the private sector and held various Directorships both in the UK and overseas, in businesses ranging from small Limited Companies to large PLCs.
When I am not helping client raise business finance in West Yorkshire I enjoy travel and playing a round of golf.
Business Finance I have assisted clients with already
- £130,000 business loan to purchase the freehold of a china and gift shop in a Yorkshire “tourist hotspot”
- Business finance for purchase of a Cattery for two retired police officers outside Huddersfield
- £210,000 loan to purchase industrial warehouse and offices for business in Bradford.
"Thanks Iain you’re a star. We’re going to have to come over and buy you a drink or two for all the extra work!!"
- Paul from Hull
“After a lot of struggle and revisions with the vendor and solicitors the loan has finally drawn down and the purchase completed. It has been a trying experience but success at the end has made it worth it. I would like to thank you for all you hard work in making it happen and will gladly recommend you to my friends and family who are looking for a commercial loan."
- Shaukat from Bradford
“Iain thanks for all your work and patience. I will now go and get some keys!"
- Caroline & Paul from Pickering
"Iain can I take this opportunity of thanking you for your help in arranging the finance required to purchase our new factory."
- Andy from Bradford
“Thanks for arranging the working capital we needed so very quickly and painlessly”
– David & Penny from Wakefield
“Having spent all our lives working for other people Steve and I didn’t really believe we could ever achieve our dream of having our own business having turned 50. Without your help it would never have happened, thank you so much”
– Steve & Linda from Pickering
ASC Finance for Business – The experience to overcome the obstacles
Emma Rathbone and Martyn Williams were looking to buy and run a guest-house as a business outside of their existing income. Emma says: “I was working as an accountant but was not enjoying my job very much. Martyn and I had discussed moving to the countryside before, and decided that by purchasing a guest house we could combine an outside living with the lifestyle that we both wanted.”
They found their ideal property, negotiated a purchase price and completed the sale of their home. All that was left was arranging the finance. Fortunately, they were referred to Iain Blair at ASC Finance for Business in West Yorkshire.
Although the guesthouse they were looking at ticked all the boxes – a brilliant location, lovely grounds and a lovely building – it presented several challenges with regards to arranging finance. In particular, due to being closed for refurbishment and the previous owner’s personal circumstances, there were no accounts for the business since 2011, and these showed a very small turnover, and a net loss.
Fortunately, Iain was able to draw on ASC’s many years of experience in this area. By using our special relationship with a lender we were able to successfully convince them to provide finance based upon the clients outside income, and despite their lack of any previous experience in this sector. The loan of over £400,000 completed only two months after their first meeting, so Emma and Martyn were able to focus on what was important to them, starting and growing their business.
Taking the next step – with ASC Finance for Business!
Running a small business is no easy process. Sometimes, you need sufficient help and support in order to be able to take your business to the next level. As a business grows it can become harder and harder to run – you may need additional marketing materials, extra staff, or in the case of a recent client, additional space.
Our clients online retail business was going so well that she was beginning to grow beyond the capabilities of her dining room table and two lock up garages. She didn’t some additional space for the business, and therefore approached Iain Blair of ASC West Yorkshire to raise finance to assist with the purchase of a small industrial unit with offices near Skipton.
Unfortunately her financial advisor was unable to release any equity from her home to assist with the deposit as her income was insufficient. However, using our knowledge of the market ASC were able to raise 100% of the purchase price, £208,000, in order for her to purchase the unit, and completion was achieved in just 4 weeks – so she was able to concentrate on continuing to grow her business!
OUR SUCCESSFUL TRACK RECORD
The Thompson family has owned the 60 acre Woodnook Farm in North Yorkshire since the early 1960’s. Mr Thompson decided to use a corner of the farm to develop into Woodnook Holiday Park between 2001 – 2004 and financed it using a series short term credit facilities having received various verbal assurances from their bankers that it could all be put onto a long term mortgage once completed.
These assurances never materialised and they were left with £250,000 of debt at high rates of interest. The balance comprising 29 separate accounts was costing nearly £4,500 per month to service their debt with the majority on an interest only basis with the balance never reducing. They were referred to Iain Blair at ASC’s West Yorkshire offices by their Financial Advisor, Chris Cundle.
Using ASC’s established procedures and connections in the banking industry ASC were able to consolidate their existing mortgage and all of the short term debt onto a single 15 year loan.
The business had always been successful, but the saving of around £3,000 per month on cash flow has suddenly made it profitable and left the family feeling very confident about the future. If only they’d met ASC sooner. Find out more about Woodnook here www.woodnook.net
Remember, with ASC – anything is possible!
We focus on arranging finance for your business...
so you can focus on running your business
It is easy to contact me because I work in the way which works best for you
ASC is a national association of Independent Business Finance Consultants operating under licence granted by ASC Partnership Ltd.
This office of ASC is independently owned and operated by ILA Consultants Ltd. trading as ASC Finance for Business, Prospect House, Prospect St., Huddersfield, HD1 2NU.
Registered Office: Ridings Fields, Huddersfield, HD9 7BG. Registered in England No. 3064786. Authorised and Regulated by the Financial Conduct Authority in respect of regulated mortgages only.