Are lenders putting clients under too much pressure to refinance? 

A lot has changed in the commercial lending market over the last few months. We have seen record rises in interest rates – and lenders have had to quickly change and update their criteria to respond to the changing landscape. One knock-on effect of this has been an increase in the number of lenders who...

Why are valuations essential for property loans?

Valuations are essential for property loans for several reasons:  Determine the Loan Amount: Valuations help to determine the current market value of the property, which is then used to calculate the maximum loan amount that can be offered. Lenders need to know the value of the property to ensure that the loan amount is appropriate...

What to consider when choosing a commercial mortgage

Determining the right commercial mortgage for you depends on several factors, including your financial situation, the type of property you are purchasing, and your long-term goals. We’ve highlighted just a few of the factors to consider when choosing the right commercial mortgage for you. Loan Type: Commercial mortgages come in different types, including fixed-rate, variable-rate,...

ASC Finance comment on BusinesessForSale.com's recent survey about financing a business purchase

Looking for evidence that a broker matters? Almost a third of broker clients have secured finance, despite having been declined elsewhere!

We often get asked why people should use a broker if they are looking to raise commercial finance. In their recent survey, the @National Association of Commercial Finance Brokers, highlighted one particular statistic which we thought really showed the value of a commercial finance broker. Of all the clients that brokers secured finance for, 29%...

Voice activated Phone Systems – ARGHH!!!!

I had a frustrating experience the other day. I had to phone up our bank (who I won’t name), to ask a question about our business account. Now, we are all used to being asked for security information (whilst it is annoying, it serves a purpose of keeping our accounts secure!). But this bank had...

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?”...

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...

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...

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...