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.
In The Press, Property
Exeter - A city of Opportunity
ASC’s rgeional Director for Devon, Conrad Robins was featured in the Intermediary discussing the property market in Exeter and the commerical finance opportunities. You can read what Conrad had to say here.
We asked AI whether AI could replace a commercial mortgage broker. This was their response. What do you think ?
Most people who have been on social media recently will have seen that there’s a lot going on with AI advancements at the moment. While AI technology has advanced significantly in recent years, it is unlikely that it will entirely replace the need for a commercial mortgage broker. Well of course we would say that,...
Banks, Business, Finance, Financial World, Loans, Property, SME
Looking for evidence that a broker matters? Almost a third of broker clients have secured finance, despite having been declined elsewhere!
We often get asked why people should use a broker if they are looking to raise commercial finance. In their recent survey, the @National Association of Commercial Finance Brokers, highlighted one particular statistic which we thought really showed the value of a commercial finance broker. Of all the clients that brokers secured finance for, 29%...
I had a frustrating experience the other day. I had to phone up our bank (who I won’t name), to ask a question about our business account. Now, we are all used to being asked for security information (whilst it is annoying, it serves a purpose of keeping our accounts secure!). But this bank had...
Banks, Business, Finance, Financial World, Loans, Property, SME
Why do lenders need to see my bank statements?
It is a question we often get asked by our clients. When we are discussing their commercial finance requirements with them, we go through the documentation that lenders might request as part of their underwriting. One thing lenders often ask for is the borrower’s bank statements. And one thing the borrower often asks is “why?”...
Banks, Business, Economy, Finance, Loans, Property, SME
Roses are Red, Violets are Blue, Support Small Business, Here’s what you can do!
OK, so we are probably not going to win any awards for our Valentines poetry. But that’s ok. At ASC we pride ourselves on helping small businesses, and being part of the UK’s SME community. So we wanted to take a break from telling everyone how great we are and how we can help small...
Banks, Business, Finance, Financial World, Loans, Property, SME
Why you should buy a fitness centre in 2023
Thinking of buying a fitness centre? From health clubs to standard gyms, this article from BusinessesForSale.com will list the top reasons why investing in this sector is a smart choice. Is buying a fitness centre a good idea? Health and wellness are not products. They are a lifestyle that many people incorporate into their daily...
Banks, Business, Investment, Loans, Property, Property development
Client returns for £1m loan
We love it when a client returns to ASC. It is conclusive evidence that we did a good job first time round! So we were delighted when a client, for whom we had previously arranged property finance for, came back to ASC as they were looking at purchasing further properties and wanted to raise capital...
You know the banks that don’t lend – we know the banks that do!
Who can you actually speak to at your bank? Who answers your questions and actually makes decisions? If you cast your mind back, a business used to have a dedicated bank manager – someone who knew the business inside and out. And if you wanted to secure finance for your business, they had the knowledge,...
