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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.

  • Banks, Business, Finance, Financial World, Loans, Property, SME

    Why do lenders need to see my bank statements?

    It is a question we often get asked by our clients. When we are discussing their commercial finance requirements with them, we go through the documentation that lenders might request as part of their underwriting. One thing lenders often ask for is the borrower’s bank statements. And one thing the borrower often asks is “why?”...

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  • Banks, Business, Economy, Finance, Loans, Property, SME

    Roses are Red, Violets are Blue, Support Small Business, Here’s what you can do!  

    OK, so we are probably not going to win any awards for our Valentines poetry. But that’s ok. At ASC we pride ourselves on helping small businesses, and being part of the UK’s SME community.   So we wanted to take a break from telling everyone how great we are and how we can help small...

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  • Banks, Business, Finance, Financial World, Loans, Property, SME

    Why you should buy a fitness centre in 2023

    Thinking of buying a fitness centre? From health clubs to standard gyms, this article from BusinessesForSale.com will list the top reasons why investing in this sector is a smart choice.  Is buying a fitness centre a good idea?  Health and wellness are not products. They are a lifestyle that many people incorporate into their daily...

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  • Banks, Business, Investment, Loans, Property, Property development

    Client returns for £1m loan

    We love it when a client returns to ASC. It is conclusive evidence that we did a good job first time round! So we were delighted when a client, for whom we had previously arranged property finance for, came back to ASC as they were looking at purchasing further properties and wanted to raise capital...

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  • Banks, Business, Finance, Loans, Property, SME

    You know the banks that don’t lend – we know the banks that do!

    Who can you actually speak to at your bank? Who answers your questions and actually makes decisions? If you cast your mind back, a business used to have a dedicated bank manager – someone who knew the business inside and out. And if you wanted to secure finance for your business, they had the knowledge,...

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  • Banks, Business, Finance, Loans, Property, Property development

    Can I apply for finance without planning permission?

    This is a question we often get asked by aspiring property developers. Can I apply for finance for a property development before getting planning permission? There are a few options open to you: 1) Wait for planning permission. You can wait for planning to come in before applying for finance. But this can sometimes leave...

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  • Banks, Business, Finance, Loans, SME

    Some of our favourite deals from 2022

    We thought we would recap some of our favourite deals from last year. As well as the numbers (and we are proud that we raised over £150 million for small business owners), it is the people we help who are the real stories, so here are just a few examples: We helped a motorcycle enthusiast...

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  • Business, Finance, Loans

    What’s your New Years Resolution for your Business?

    2023 is here. Have you made a new year’s resolution for your business? Maybe this is the year where you undertake that next project, reorganise your finances, or bring on more staff. Whatever your dreams and goals are, it is important that if you have a target for your business, that it is something achievable....

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  • Business, Finance, Loans

    Did ASC Save Christmas?

    We are certainly proud of all the deals we’ve completed for our clients, and we’ve had the opportunity to discuss one with ASC Scotland, where arguably ASC “saved Christmas”. The clients were a couple living in Iceland and owned a Scottish limited company, and this company only did one thing, which is import containers of Christmas items...

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  • Business, Finance, Loans, SME

    New Year. New Business. New You

    Why do people want to become their own boss and run their own business? Last month we spoke at the Business Show at the Excel, talking about the different ways people can raise finance to buy a business. There are many different ways people can raise finance, from traditional bank loans to forms of alternative...

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