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Finance for a Holiday let? It’s E-Sea!

Finance for a Holiday let? It’s E-Sea!

Carrie King, an experienced holiday property manager, had recently purchased a highly desirable investment property in Mevagissey, Cornwall using her own funds. The property required an extensive programme of refurbishments to be ready for holiday letting and she approached her local business manager at the bank to obtain the funds required. Despite being a long standing customer with a perfect lending history, the bank’s lack of “appetite” for the sector meant Carrie was turned away.

Luckily, Carrie had a conversation with a friend who suggested she contact Conrad Robins at ASC to see if another lending source would be able to help.

Using his extensive knowledge of the sector and contacts in the market, a lending source was located. After addressing some of their initial reservations, the lender was happy to proceed with a small retention on the loan whilst the improvements were ongoing.

With the loan now complete and all funds drawn, the property, known as The Sea Hoss, is now ready for the holiday letting season, and can be viewed, and booked here:

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10 reasons to
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10 Reasons

Why ASC?

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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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The Ten Reasons

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