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.
Banks, Business, Finance
The most informed decision you'll ever make
We keep our eyes on the market, so you can make the best decision for funding your business. As with any financial decision – or decision in general – it’s important to know the market. Whether it be buying a new car, finding the right insurance for your phone, or the best place to go...
[image] The beauty of peer-2-peer lending lies in its efficiency, and versatility. The practice involves borrowing money for many different individual lenders, as opposed to sourcing funding from just one. This provides freedom, in certain circumstances, to acquire funding with different criteria and in different circumstances. In real terms, it means that small businesses may...
“What is the interest rate for my business?” “How long do lenders lend money for?” “What LTV can I achieve for this purchase?” These are all questions we get asked on a regular basis. And we obviously understand why our clients want to try and answer these questions straight away. But when it comes to...
You don’t need a commercial finance broker to raise finance. But you also don’t need a lawyer to represent you in court, an accountant to do your business accounts, or a pilot to fly your plane when you go on holiday! (Okay, maybe the last one was too much!) The point is, that whilst it...
The UK has an unrivalled passion for B&B’s. This doesn’t come as a surprise for us. As commercial finance brokers, we regularly meet with business people who are looking to change their lifestyle by purchasing a bed and breakfast, and require help with financing their new venture. We also wrote previously how a survey showed...
Small businesses are more confident about finance!
Good news for small businesses! The latest Small Business Index by the Federation of Small Businesses, shows that confidence among small businesses in the UK has risen, and this in spite of challenges such as rising costs, and economic and political uncertainty. We were also pleased to read that small businesses were becoming more and...
Small business owners need more time to help them grow!
A recent survey by Samsung Electronics found that small business owners spend just under three hours each week dealing with IT issues. This is on top of a similar amount of time spent on office management. Now if those admin tasks are almost taking up an entire week, where does that leave small businesses in...
When we speak to small business owners, we often hear the same perceptions of raising finance repeated again and again: “Banks do not want to lend money” “The process takes too long” “I don’t have the time to invest in getting the right finance” So, we were not too surprised to read a statistic in...
