Email us

News and Information

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.

  • Uncategorised

    The cost of regulation

    I’ve just read that the budget for the “Financial Conduct Authority” and the Prudential Regulation Authority will be £646.3 million. You need to take a big step back and a deep breath to reflect on this figure. It’s a vast sum of money. But this is not the real message. The FCA collected nearly £300...

    Read more
  • Uncategorised

    Can Businesses learn from the Communist Politbureau in China?

    I read the other the day that the new chairman of the communist party’s Politbureau has “banned flower arrangements, red carpet welcomes and the empty talk” as a crackdown on inefficient and showy bureaucracy. He wants his teams to “have short meetings, give short speeches and avoid niceties”. It seems that this is a no...

    Read more
  • Uncategorised

    Business Finance - do you enjoy wasting your time?

    If you’ve ever thought about applying for business finance you might think that the ideal situation would be to walk in to your bank, apply for a business loan and come out with additional capital so that can drive your business forward. But times have changed, your bank manager has disappeared and unless you enjoy...

    Read more
  • Uncategorised

    The effect of AAA on SME's? Nada, Niente, Njet, Nothing

    A lot has been written in the last week about the effect of AAA and the possible downgrading of the UKs status. Most of our clients  which comprise of SMEs do not really care about our triple A rating, especially since they know that the clever guys at the rating agencies are still the same...

    Read more
  • Uncategorised

    Negative Interest Rates?! The politicians should stop drinking

    So the latest idea floating around is to introduce negative interest rates to get banks to lend to businesses! Sorry for saying this, but it sounds like an idea thought up after a day spent at the pub. Whoever dreamt this idea has no real understanding of what affects SMEs and Entrepreneurs. The funny thing...

    Read more
  • Uncategorised

    Cap the Bankers bonuses - do we care?

    A lot is currently stated about the cap on bankers’ bonuses. One part of the discussion amuses me. It’s said that the bankers are threatening to leave the country if bonuses are capped. Well, here is why I say; I don’t care. Aren’t these the same guys who are driven by the bonus culture and...

    Read more
  • Uncategorised

    I hate to say ‘I told you so.'

    When the Funding for Lending scheme was announced we had our doubts. I think our exact words were that schemes like this ‘. . . go on to fail because the lending conditions aren’t in the interest of business.’ The first statistics are now out and it seems that the scheme is not as widely...

    Read more
  • In The Press

    Confidentiality of tax

    Read more
  • Uncategorised

    Look to the future! Where do you want to be?

    Have you ever wondered what your business will look like in 5 or 10 years’ time? Hopefully you are someone who looks at the glass half full and can envisage growing their business with a larger office and additional staff to support increasing trade. Here’s how it could look: In 5 years’ time you drive...

    Read more
  • Uncategorised

    Can you put a price on loyalty?

    Each week we publish tips for small businesses on our website and social media channels. Recently we encouraged small businesses to compare the market and make sure that they get the best rates from their suppliers or to swap if a company is offering a preferential rate in order to save money for their business....

    Read more