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

    What is the difference between open and closed bridging?

    Bridging finance is a short-term loan used to bridge a financial gap between the purchase of a new property and the sale of an existing property. There are two main types of bridging finance; open and closed.  Open Bridging Finance has no set date for the loan to be repaid. This type of bridging finance is...

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  • Banks, Business, Finance, Loans, SME

    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...

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

    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%...

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

    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...

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  • Finance, SME

    Why it pays to use the right broker

    Do I really need a broker if I’m looking for business finance? Of course, if you ask us, as a commercial finance broker, we would give you a resounding “yes”! However, we truly believe that using a broker is the better option for a business looking to find finance. Why? The world of commercial finance...

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  • Business, Finance

    Variety is key – you have more options than you think!

    When people think finance, they tend to consider a small, group of options. After all, they only know the types of finance which they might have come across or read about. For example, an unsecured loan, or a commercial mortgage. But there might be many more avenues of finance available to them. But if the...

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  • Banks

    Lenders, Lenders everywhere – which one is right for you?

    If you had to name every lender in the UK, do you think you could? We doubt it. When most people think of “lenders”, what they’re really thinking of is high-street banks. It’s certainly possible to name all of those, but at most that’s going to be around 20-25 different lenders. This might seem like...

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  • ASC Newsletters, Financial World, Loans

    Finding Finance – how much research should you do?

    Finance is a world in which knowledge is power. There are thousands of options to consider – finance can be tailored to fit almost any viable business. It’s one of the big reasons why we’re so emphatic in our view that you should always use a broker. It’s a broker’s job to research those options...

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  • ASC Newsletters, Financial World

    An Honest Professional, or a Boring Paper-Pusher? What makes a good broker?

    At ASC, we talk a lot about how we’re the right kind of broker. But what makes a good SME broker? What do you need when running a brokerage in order to provide SMEs with the service they need? 1.      Perspective and Knowledge One of the most important things you can have is a sound...

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  • Finance, Financial World

    Specialisation, Yes. Restrictions, No.

    At ASC, we know what we can do, and what we can’t. We’re specialised commercial, business and property finance brokers, and we stick to what we know best. In the finance broking world, specialisation is key. Just like how different types of finance have different requirements from lenders, they need different skillsets in a broker....

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