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.
Business, Finance
"Reasons to consider buying a restaurant business" - Guest blog by BusinessesForSale.com
Find out why buying a restaurant business is a smart and lucrative decision. Restaurant businesses in the United Kingdom Despite the challenges that restaurant business owners have faced over the last few years, this industry has a market size of approximately £19 billion. Growth and success in the hospitality industry are achievable goals if you...
BoE base interest rate rise - Time for a residential property investment?
The Bank of England had previously announced another rise to the interest rate, and plans for further rises in the coming months. This would mean mortgages will be more expensive to pay back, and it may delay property purchases for some. During high interest rate times, it may be more difficult to purchase a property...
Self-Employment - A growing market, not easy for growth, but ASC can help.
Can you still get a commercial mortgage if you are self-employed? Yes, and it’s a common myth that you can’t, or that it’s more difficult. If you have tried to get a business loan as someone who is self-employed, you might even have struggled yourself as the options can be more limited. The self-employed struggle...
How we help our clients – Deferred considerations and vendor-assisted sale.
At ASC we know that the personal service and relationships that we form with our clients are one of the things that set us apart from other brokers. As John Fuchs (ASC in Leicester) demonstrates it’s often what makes us most proud about the deals we do. John recently assisted some clients with a complicated,...
When the amount you need to borrow rises, not once, but twice, it’s good to have ASC on your side.
In some cases, getting finance can be pretty straightforward when everything goes to plan, but what about when it doesn’t? What happens if circumstances mean you need to borrow more than initially planned? We know that when clients need a bit of a helping hand, ASC can really add its value. Dan Gateshill, ASC regional...
The Recovery Loan Scheme (RLS) has been extended for two more years
The Recovery Loan Scheme (RLS) was introduced in April 2021 by the government to assist businesses with finance which were hit by the pandemic. The RLS was due to end in June 2022, but on 20 July 2022 it was announced that it will be extended for two more years. The scheme will be re-opening for applications in August 2022. The...
Lending to small firms hits all time low, but finance is available!
According to the Federation of Small Business, two in five small firms looking to secure finance for their businesses are having a hard time getting the required funds, even if they are highly profitable. What does that mean for small businesses? Firstly, don’t panic, you can still get finance, you just need to know who...
How we provide value to our clients - When all doors close, you still have ASC
Behind every loan there is a story, and people who have things going on in their lives. For us, it’s one of the most rewarding parts of what we do – we help real people with real problems. Richard Scotney, from ASC in Derbyshire, shares one of the deals he is most proud of where...
