At some point in a businesses’ lifetime, it’s likely it will need some form of financing. Whether it’s to safely pay for a major expansion, or just some extra cash to cover costs, there are always finance options available. When you are looking for an unsecured business loan, however, it’s a different situation to normal.
Without the added security of property or assets to be held against the loan, lenders are understandably a lot more cautious when it comes to financing in this way. If you’re applying for an unsecured loan, you’ll need to provide a detailed proposal that does as much as possible to give lenders confidence in your ability to pay them back. That’s something that 50 years of experience in commercial finance gives us a lot of knowledge about.
ASC are experts in talking to lenders on your behalf and helping both parties to build an agreement that satisfies everyone. Your local Regional Director knows who to talk to at lenders that really understand the business market in your area. They can help you put together a proposal that will satisfy their requirements and help you get the finance you need, despite not having a secured loan.
Your Director will handle the complicated parts, so you only have to think about the thing that’s most important to you – your business!