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.
Loans
No time to waste
When you require short-term funding, there’s no time to waste. You don’t have the luxury of being able to approach each possible lender and put together different proposals to them. At ASC Finance, we understand the different requirements which borrowers face, from the desired interest rate to the need to secure finance quickly and hassle-free....
What makes ASC Finance for Business stand out? There are many reasons, and we won’t go into all of them here, but you won’t find another broker who combines local presence with the strength of a national organisation. What does this mean? It means that with over 20 regional offices across the UK, you can...
You don't need a solicitor, accountant, or a commercial finance broker - but it helps
There is an old saying, ‘A man who is his own lawyer has a fool for a client’, and it couldn’t be more accurate. Yes, there are some transactions for which you do not need a solicitor. You can do the research yourself, draft the required documentation, and ensure that it is dealt with accordingly....
Why a successful track record of nearly 50 years can benefit you!
We’re veterans of commercial finance. ASC have nearly 50 years’ experience in raising finance for small business owners and entrepreneurs. Some people might ask “So what?”. And it is a fair question, after all what we have achieved in the past doesn’t necessarily affect what we can do for you in the future. But it...
I thought I would surf the internet a little bit to check out various mission statements published by various banks. We all know that marketing is patient, but here is a sample of some interesting statements: We will take personal responsibility when you need support from us. We will help you bank with us in...
Do you know the name of your bank manager? I didn't think so.
If you went back 10 years ago, I’m sure most small business owners could tell me the name of their bank manager. You had a dedicated representative who not only understood your business, but you were able to contact them directly, and they would go out of their way to help your business. Perhaps you...
It sounds like a silly question, doesn’t it? Instinctively you might say 2% is cheaper than 3% and therefore this must be the better deal. But what happens if the first deal has a repayment programme of 15 years and the second deal has a repayment programme of 10 years? The impact on monthly cashflow...
Why do you work with an accountant, but not a finance broker?
If you run a business, you would automatically see the need and benefit of appointing an accountant to deal with your accounting and tax affairs, or a solicitor to deal with the conveyancing process when buying property, or an architect if you want to build an extension to your business premises. They are all professionals...
