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
Find out what finance is right for your business
It’s been said recently that businesses under three years old are twice as likely to use personal savings than businesses that have been established for ten years. But what does this mean? It strongly suggests a knowledge gap between nascent entrepreneurs and what the business finance marketplace has to offer them. If a company sees...
Many businesses grow to a size where they outgrow their current premises, and many more come to the end of a lease. But should the status quo rule or should you consider what’s available to purchase? Now, leasing space allows for flexibility of investment and location, and can be the better option for many, but...
The foundation of any good business is its customer focus. It doesn’t matter if your systems are spot on, your product is desirable or even if you’re the best value proposition. If you’re not dialled in on what your customers want and need you won’t succeed. So how have we gotten to the point where...
Peer-2-peer lending has rocketed in popularity in the last few years, but why is this? It really boils down to two points: Small businesses still need access to finance despite core high street banks making their lending criteria much more challenging in the aftermath of the financial crisis. Stagnation in wages has led people to...
Dealing with lenders is a lot like selling your house
When you’re selling a property, do you and your agent write up some sales particulars that just says ‘Buy me now for £400,000’? No, of course not. Not everything can be sold like it’s on eBay. You make sure that the sales particulars are thorough, floorplan is correct, quality photos showing the property in its...
Finance is a key part of any business, and as a business owner, you’ll be well aware of how complicated it is. Acquiring finance for an expansion is as arduous as it is complicated. The lengths you need to go to, the forms, regulations, and rules – the very necessary hoops you have to jump...
Lots of enquiries start with this question. Of course, the interest rate and loan amounts are key financials but it’s a lot more complicated than that. What about security? What about financial flexibility? What about other charges and fees and what about restrictions on banking? And so on. And this is before we’re asked questions...
