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.
Miscellaneous
Would Peer-2-Peer Finance work for my business?
We’ve all heard about peer-2-peer finance. By borrowing money from many different individual lenders as opposed to just one, they are sometimes able to provide finance to businesses with different criteria or circumstances, providing some small businesses with options even if they have been declined by their bank. However, peer-2-peer finance is not always the...
Make sure you can trust your commercial finance source
It was revealed this week that the NACFB, had rejected over 40 new lenders over the last two years because they were unwilling to disclose their sources of capital, or because they were charging small businesses such a high level of interest. Therefore any small business which is looking for finance needs to make sure...
Aged 60 or older? There may still be business finance for you!
We came across an interesting article in the Times last week, which said that our attitudes to the elderly were sometimes wrong, and that instead of viewing them as a drain on resources, we should see them as wanting and willing to contribute more and more to the economy. And it is an argument which...
Buying commercial property at auction? What about the finance?
If you are looking at buying an investment property at auction you have two choices when it comes to arranging commercial finance. The first option is that you can wait until you have had your bid accepted at the auction. You can then pay your deposit, and start to think about getting the finance in...
Provide your business with access to exclusive lenders and terms!
You are looking at raising finance to grow your business, but don’t know the right lenders to approach or where to start. We are experienced finance brokers with a track record of success, with access to a range of commercial lenders, and strong relationships with key decision makers. So what are you waiting for –...
Should I arrange Commercial Finance in a Limited Company or in my own name?
Is it better to secure commercial finance in your own name, or through a limited company? In all comes down to how you interpret the word “better”. When it comes to arranging finance, some lenders will consider lending to both companies and individuals. Whether, or not, the terms which they can provide will be any...
Can I get property development finance without planning permission?
We’ve been asked the question a few times over the many years that we have been raising commercial finance – “Can I get property development finance without planning permission already in place?” The short- answer is that it depends on several factors. Firstly, some smaller developments or refurbishments might not need planning permission at all!...
Which lender is the right one for your business finance? There are so many different lenders – from the high street banks, to the specialist companies, through to peer-to-peer lenders. Each has a plethora of criteria for each sector – it can be a minefield just knowing who the right lender is for you. So...
Did you know that 70% of businesses approach only one lender for commercial finance
We heard the above statistic from a colleague of ours. Whilst we can’t verify if it is accurate, the fact that the number would be significant at all is worrying. Think about it. When it comes to something as important as raising finance for a business, why would you only look at one lender? We...
