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Business, Finance, Loans

Did ASC Save Christmas?

We are certainly proud of all the deals we’ve completed for our clients, and we’ve had the opportunity to discuss one with ASC Scotland, where arguably ASC “saved Christmas”.

The clients were a couple living in Iceland and owned a Scottish limited company, and this company only did one thing, which is import containers of Christmas items every year to supply various businesses in Scotland around Christmas time. But on this occasion, plans were not going as planned as clients were struggling to receive the finance in advance to pay their Chinese suppliers to get the containers to the UK. The Chinese supplier was requiring them to make the payment upfront before sending the merchandise.

Then they contacted ASC.

ASC Scotland comments, “The case was very unusual for a number of different reasons: the location of the clients, the nature of the business, the lack of security in the deal but we did manage to find a small niche lender who provided funding for them. And we successfully managed to get the containers to Scotland before the Christmas period.”

We don’t work for the banks; we work for our clients and we’ll make sure you get the deal that is right for you. If you would like to discuss the options available to you, please contact your local ASC office for more details.

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