A collection of our thoughts, opinions, (and sometimes general musings) on everything to do with all aspects of business finance, commercial finance, small businesses, and general news about ASC Finance for Business.
Finance, Loans
Finance has more options than you can shake a stick at – here are a few you might not have heard of!
When we say that the finance world is vast, we’re not being flippant. Finance is an ever-growing world, and new options to find the loan you need are being created and tested constantly. With such a vast array of ever-changing options to get the funds you need, it’s perhaps not surprising that most businesses only...
We all know the bank managers have disappeared. But where did they go?
In the “old days”, getting a loan was perhaps a simpler task. You went to the bank, you asked for an appointment with the manager, and got yourself booked in. Then you came back at your allotted timeslot, presented your business plan, and if the manager liked the idea, then they gave you the money...
ASC are both a local network and a national organisation. Just how do we manage that?
Here at ASC, we don’t make a secret of the fact that we’re not structured in the same way that many brokers are. In fact, we’re proud of it. But sometimes we get asked about exactly what our structure means for our clients – how do they benefit from it? Well, it’s all down to...
Here at ASC, we don’t exactly make our age a secret. In fact, we’re proud of it – if you’ve been following us, you’ll have seen many messages about our 50th anniversary. But it does lead to one particular question every now and then – how have we been so successful for so long? When...
Lenders, Lenders everywhere – which one is right for you?
If you had to name every lender in the UK, do you think you could? We doubt it. When most people think of “lenders”, what they’re really thinking of is high-street banks. It’s certainly possible to name all of those, but at most that’s going to be around 20-25 different lenders. This might seem like...
When you’re looking at a business loan, you’re normally looking at a fixed-term prospect. A business loan is based on a set repayment schedule over an agreed period of time. So we’d like to talk about a question we sometimes get. Can you pay back your loan early? Every business would love to pay back...
Our latest ASC Infographic explains the concept of LTV
LTV is a word that gets tossed around a lot in Business Finance. But what exactly does it mean, and how does it affect your loans? Well, our newest Infographic is here to clear that up!
When you’re applying for finance, what do you think lenders look at? The financials? Definitely – lenders want to see what potential your existing business (or the business you’re purchasing) has to repay the loan before they’ll put money on the line. The business’ history? Certainly – they’ll want to know what your organisation has...
