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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.

  • In The Press

    The anatomy of a crime

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  • Uncategorised

    The Government has fixed it - we can all go home

    Why have I not read one positive article about the compromise riddled content of Project Merlin? All commentators seem to grasp that the details on the ground contradict the political statements. The details are simple; the banks have restrictive lending criteria, apply red tape wherever possible and cherry pick. Having said this it is not...

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  • Uncategorised

    WANTED! - The good old fashioned business bank manager!

    Whilst we all advocate progress, some changes are not as useful as others. Many banks have had to restructure their operations, so if you need finance for your business you may encounter the following scenario: Talking to a 19 year old specialist “business banker” who has limited experience of business Speak to someone who asks...

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  • Uncategorised

    Number of new regulations in Britain at record high

    I was asked to comment on Regulation by FMWF (Financial Mail Woman’s Forum) relating the Story the “Number of new regulations in Britain at record high”. Here is what I said: “It is a can of worms. A good idea on the political level often cannot be implemented on the front line. Everything is now...

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  • Uncategorised

    You're set for a happy business year as new lenders join the ASC panel

    Happy New Year to you – may it be full of great fortune and success. Who says there aren’t any new lenders? – We have just set up a new special relationship with a very reputable asset based lender – and: they deliver! So in cases where you can’t use a property as security, we...

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  • Uncategorised

    Can you access the funds you need - the rates you want - terms you are happy to work with?

    Can you access the funds you need – the rates you want – terms you are happy to work with? If so, then you don’t need to read on… Here is another prime example how banks work today. An ASC client company had a £3m loan secured with their bank on a £8.1m commercial property...

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  • Uncategorised

    Bad business decisions in the past are no excuse to blame banks

    Yesterday I received an online trade magazine and it quoted a borrower who demanded that the “nationalised banks” should help him more. The borrower’s financial parameters were described as follows: A Buy to Let investor with 55 properties, capital introduced 15% with a gearing of 85% on past values and he was very concerned that...

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  • Uncategorised

    Why banks are structurally incapable of efficiency

    I read yesterday a fantastic article in the FT by Tony Jackson. It is a brilliant analysis why Banks make all the mistakes they make – he says that, “most economic activities work best if people on the ground are free to make decisions. In banking, by contrast, decisions have been sucked into the centre....

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  • In The Press

    Lending to Small UK Companies is at an All-Time Low

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  • In The Press

    We found a lender to buy a ferrari

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