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Client success stories

We’ve been in business a long time and have been able to help clients across all sectors with their business, commercial and property finance.

How have we raised finance for businesses like yours? We have written some successful completed cases about our clients and their financial journeys.

Can't count on the bank? Count on ASC!

ASC Finance for Business were approached by the partners of a small building firm, whose bank were calling in a development loan which was secured against a block of flats that they had built a few years ago.

The flats were finished to coincide with the downturn in the market in 2008 and it had become difficult for the firm to sell them at the right price, so the partners decided to try and keep the flats, and sell them when the market recovered.

Initially their bank agreed to maintain the loan, reviewing on a quarterly basis, whilst the clients rented the flats out. Over time, they were forced to sell five of the flats as the bank wanted the debt reduced. But they had still managed to retain and let out the remaining four flats.

However, the bank was now calling the loan in, and the clients wanted to keep them as they saw the market improving.

So they spoke to our ASC Hampshire and Dorset office, who managed to arrange a 10 year interest only loan, which enabled them to retain the rental income from the property and hopefully see the flats rise in value to achieve the kind of returns they were initially hoping for. In addition, ASC were able to raise extra funds so that they could look for new sites and opportunities now that the market is strengthening.

Why ASC?

We treat you as an individual and not as a form filling robot – and we won’t put you through to a call-centre.

You can speak to an experienced local finance director who has the knowledge and ability to make decisions. There is no obligation to discuss your project with us, so contact your local director today for a free consultation.