Every business needs finance. A B&B or a Guest House is no exception. Whether starting out, expanding your business or taking on a whole new challenge, ASC are here to make getting that finance simple for you.
“My home is your home”. When you run a bed and breakfast, you’re opening yourself up to a host of new and unexpected experiences. A B&B owner meets and directly interacts with scores of new people every day – no two days will ever be the same. Running a bed and breakfast or a guest house brings with it a host of new opportunities, and a host of new challenges. We’re here to make sure that finance isn’t one of those challenges.
A bed & breakfast is a local business – you need a local broker
A bed & breakfast and a guest house might have similarities to many other businesses, but they’re very much a unique business in their own right. If you’re running one, you’re blending a hotel, a restaurant, a community organisation and more into a single business, which means you’ll be doing a mix of things no other business owner will. Lenders know this, and they’ll want to establish as much as they can about your unique business. Every business has a different finance journey, and lenders will put different roadblocks in your way depending on the specifics of your business. Different businesses can have very different profit streams. Long-term lodgers in a guest house might pay differently to a heavily touristed B&B that changes its entire occupancy ever night. Each business faces its own challenges – ASC are here to remove those challenges.
You also have to consider what type of finance will work best for you. Every business is different, especially when they’re made up of as many unique elements as a B&B. A local arm of a nationwide franchise operation will operate in a very different manner to a local, family-run 3-bed operation. They will have different structures, different priorities and a very different clientele. Therefore, different finance options will work for them. Some might be suited to commercial mortgages, some to peer-to-peer finance, even some to pension finance – the possibilities are endless! This means that when you’re looking for finance, you need a broker that understands your unique business and the world it sits in.
ASC can help you provide service with a smile!
That’s where we come in. We’ve been helping small businesses find the business, commercial and property finance they need for over 50 years. In our time, we’ve helped more B&Bs and Guest Houses than we can count start up, expand or reinvent themselves. We know how B&Bs work, and we know how to present them to lenders. We can help you deal with the regulations and remove the roadblocks in the way of your success. When you use an ASC regional director, you can be sure that you’re in the hands of an experienced professional who’s dedicated to making your finance journey as smooth as can be.
So, if you want to make your finance journey faster, simpler, better – there’s just two things you need to do:
1. Get in touch with us.
Your initial consultation is free and without obligation.
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2. Sit back and relax.
We’ll handle the finance, so you can focus on what really matters – your business!