Email us

News and Information

The ASC Finance for Business Blog – 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

    Mirror Mirror on the wall - who's the best risk advisor of them all (RBS?)

    We all know about the RBS story – what happened and why it happened. Fair enough in a way that’s history and RBS is in good company with the other banks. I do like their marketing though. If you read their marketing you believe the world is in order and RBS is the saviour of...

    Read more
  • Uncategorised

    Are Bankers bonkers (or are we bonkers?)

    Today I read that banks profits are currently rising because of “Fair Value Accounting of Own Debt”. I immediately sense that this has nothing to do with good lending or customer service. I think I understand this as follows. Banks have their own debt, but if the markets think they are a bit shaky, the...

    Read more
  • Uncategorised

    Incentive for Banks - Quantitative Easing Translated in to English

    “I can’t guarantee that it means that bank lending will rise, but what I do believe is that it won’t fall as far as it might otherwise have done” – I am quoting Mervyn King the Governor of the Bank of England when he announced that the Bank has injected £75 billion into the economy....

    Read more
  • Uncategorised

    Economic Advisor required - No experience necessary?

    What springs to mind when you hear the word politician? Apart from the ‘obvious’ we may think graduate, well educated, articulate and possibly sympathetic to the nation (well, the last one may prove debatable) but one adjective that is generally missing is ‘experienced’ – something that we all know comes with age. Have you noticed...

    Read more
  • Uncategorised

    Trust me I am a Banker

    Let me provide you with an insight into how the “bank manager” role has changed in the last few years! This is a true scenario: A client of ours has a loan for several million £s with a high street bank and quite rightly has the habit of checking the monthly computer produced statements carefully....

    Read more
  • Uncategorised

    Edward Davenport is coming back

    This week’s papers were full of articles about the schemes of Eddie Davenport. I am quite surprised at how long it has taken the marketplace to wake up. Davenport’s features were pretty standard: high showbiz profile, glossy office address, promises which seemed to be too good to be true and so on. Yet so many...

    Read more
  • Uncategorised

    After the Tsunami of Initiatives

    The government is producing one initiative after the other to help arrange finance for small businesses. The list is endless and I am happy to admit I am one that is not jumping for joy. Their new “brilliant” idea: “Credit Easing”. If it is as complicated as the EFG scheme we are likely to have...

    Read more
  • Uncategorised

    Modern Marketing - Is Spelling important?

    There are two different types of school. There’s an old fashioned school (I am not saying that this is necessarily wrong) which talks about the demise of good spelling and grammar and links this with a problem with modern technology. There are many websites and many blogs discussing this topic. On the other hand, there...

    Read more
  • In The Press

    Political meddling will not help small firms accessing finance

    Read more