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ASC Finance – the experience to make it happen!

ASC Finance – the experience to make it happen!

The three directors of the UK Division of an international PLC were naturally aware of the parent’s policy to only lease property.

Therefore when the company needed new premises, it seemed that one obvious solution was for these clients to purchase a property themselves as an investment, and then lease it to the parent at market rent. In this way the value of the property would immediately be enhanced by a lease to a PLC business.

High Street lending sources were unwilling to help, however, since their criteria required them to lend strictly against the purchase price rather than the real value of the asset as an investment. Luckily, the clients came to ASC Finance for Business. With over 40 years’ experience, ASC have arranged finance for all sorts of business people over the years, and hence knew which lenders to approach.

Having previously done a similar deal to acquire a property in the South West, Conrad Robins of ASC Cornwall was entirely confident with the clients’ proposal and was able to identify a lender that would take a sensible commercial view.

A loan was agreed for 90% of the initial purchase price on competitive terms, a winning result for both the clients and their parent company.

Once again the experience and market knowledge of an ASC Director achieved the required result, and despite the blinkered approach of the High Street Banks!!

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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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