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, Economy, Financial World, SME
You work with an accountant, you should probably work with a finance broker too
If you run a business you would appoint an accountant to help you, wouldn’t you? If you want to write a will you’d probably go and see a solicitor. You can do it all yourself, but do you really want to? They are all professionals who will save you a great deal of time and...
There have never been so many lenders active in the market before, but who should you approach for your business finance? The high street banks? The specialist lenders? Or even those in the peer-to-peer space? Every single one will have different criteria for each different sector. It’s a minefield just working out who could be...
We often ask ‘when was the last time you saw your bank manager?’ The person who wants you to succeed, the person who you go to for advice on the financing of your business. Well, now you have the following who are there to help you: Head of Direct Business Banking Area Director Business Banking...
Six common mistakes businesses make applying for finance
We all love a list. And now it’s coming up to the time of year most children in the UK are hurriedly preparing their list for Santa Claus. And we have Buzzfeed filling our smartphone screens with list after list of things that you’re just not quite that you needed to know. Fun though. So,...
Did you know that the banks have never been in such a good position to lend ever before? But how come many small businesses across the UK don’t have access to these funds? The lending criteria at the major banks have never been so stringent. Cash levels are high but appetite for risk is low....
There are many types of finance available out there from a multitude of different lenders. Not all products offer a solution for every eventuality. Take this situation; when a business is faced with a shortfall of working capital or wants to expand and requires some funds to help improve their cash position, could invoice discounting...
You will have heard a great deal from the press on the rise in interest rates. Businesses need to make sure they can continue trading and keep to their plans now the rise has come. So, for us it’s just sensible business planning to look at the options that are out there to make sure...
Trick or Treat? I’m sure you are familiar with the tricks that banks use when it comes to arranging commercial finance. Be it not having a point of contact to speak to, never getting a straight answer, or not listening to their clients. Despite this, raising commercial finance doesn’t have to be scary. With a...
