Can I get finance for my property development project during an economic downturn?

We often speak to our clients who are looking to raise finance for a property development, which can be complicated at the best of times. Every project is different and has differing requirements and solutions. We are increasingly being asked if finance is still available, at the moment, whilst the economy is in recovery mode....

British Veterinary Association (BVA): 'In Practice' article about the 4Cs of finance applications: Cash, Collateral, Character and Capability.

Looking at Property Development Finance?

What is development finance? Typically, larger loans for property projects, needed because projects are more complex and take longer to complete. Development finance is used to fund large property ventures, such as renovations, regeneration projects, conversions and developments, and cannot be used for smaller property projects (Bridging loans or refurbishment finance would work best in this case)   Examples of where this type of...

Boost the value of your Residential Investment Property with these four suggestions

Upgrading your residential investments can get pricy – but do these upgrades really increase the value of your property? Recent studies claim British people spend £83billion pounds per year on refurbishments for their properties. Upgrade the kitchen (Up to 20% increase in value): It is one of the most important areas of the house, and...

Looking for finance for your business? Know your main options available

“Many smaller businesses rely on established relationships when considering finance options” – this is a direct quote from a recent report from the British Business Bank, which states that 75% of SMEs only considered one finance provider in the last year. That is great if you have a relationship with a lender who can provide...

Looking to invest in residential property but unsure about different financing options?

Most landlords have at some stage needed to arrange finance and depending on their circumstances this can have different levels of complexity. There is a difference between a single buy-to-let mortgage, finance for an HMO and a property portfolio. Residential mortgages for personal use work are straight-forward, time consuming and a real nuisance to obtain,...

Securing Commercial Finance – The Key Players

There are currently over 6 million SMEs in the UK, and accessing finance is well known to most of these businesses. Having the right team behind you can ensure that you not only get the right finance, but that it is secured in a timely manner, without any hiccups. There are a few different players in the process of...

Less financial products available, but don’t worry ASC can help!

Since the start of the pandemic the majority of brokers have seen reductions in the financing products available from lenders. Close to 90% of brokers believe the most affected in 2021 will be commercial mortgages, unsecured loans and secured facilities.   Why is this likely to happen? There has been a lot of lending over 2020, but the majority of lending capacity has...

Nearly 100,000 CBILS loans!

The Government have released the latest statistics for their government-guaranteed COVID loan schemes which were introduced to support business through the coronavirus – namely, CBILS, CLBILS and BBL. And it is fair to say that there has been a wide take-up of the various schemes. In total, £75bn(!) was lent to businesses during this period,...

Is it a good idea to buy a business during an economic downturn?

Short answer: Yes. Many small and big brands worldwide have started and flourished during economic downturns. As an example, “essential” business such as grocery stores, utility companies and service providers have proven to be relevant and are currently thriving – They are pulling hefty funds, especially business that made smart adaptations to social distancing measures....