AI is transforming all aspects of life, and commercial finance is no exception. Traditionally, applying for a business loan has been a complicated process involving filling out forms, underwriters scrutinising every detail, and long waits. However, all of that is changing with the development of AI. From accelerating decisions to transforming the risk assessment process,...
Read moreApplying for development finance is often a detailed and structured process, which can seem overwhelming if you’ve not been through it before. If you’re new to the process, here’s a step-by-step guide to help you understand how it works. Step 1: Preparation Before approaching any lenders, you’ll need to compile all the necessary information and...
Read moreNavigating the world of business finance can be challenging for small and medium-sized enterprises (SMEs), especially with so many lenders and funding facilities on the market. From understanding eligibility criteria to securing the best terms, the process is often time-consuming and complex, yet help is at hand. A commercial finance broker is an expert guide...
Read moreWhether you’re embarking on your first development project or you’re a seasoned developer, you’ll probably require development finance to get your scheme off the ground. Understanding how lenders decide on development finance applications helps determine your project’s feasibility. Like all types of finance, lenders assess the risk versus reward when deciding whether and how much...
Read moreSecuring commercial finance is often essential for business growth, but not all applications are successful. When deciding whether to lend, banks assess several factors to determine the risk level and the business’s ability to repay the loan. Any red flags can lead to rejection. Understanding the barriers to finance can help you improve your chances...
Read moreThe National Association of Commercial Finance Brokers (NACFB) annual impact report reveals that, on average, lenders attribute 67% of their SME portfolios to intermediaries. In 2024, NACFB members facilitated £26.5 billion of the UK’s £38 billion broker-led SME lending market. Commercial finance brokers have strong relationships with lenders and know how to present a finance...
Read moreIf you’re looking for finance to purchase, refinance, or develop commercial property, you’ll require a commercial mortgage. Here’s a guide to help you make informed financial decisions regarding your commercial mortgage. What is a commercial mortgage? A commercial mortgage is a loan secured against a property you don’t live in, either your business premises or...
Read moreProperty finance can be complex, but with our know-how and expertise, we make even the more complicated deals happen. Here’s a round-up of recent property finance completions from across the ASC network to prove our point: £360,000 to purchase semi-commercial premises for a property developer’s office The property had split titles that needed to be...
Read moreSecuring finance for your business can be a game-changer. Given its importance, you’ll want to ensure a successful application enabling you to progress toward your plans. At ASC, we regularly see common mistakes businesses make when applying for finance. So, to help you dodge the pitfalls, here are the 10 mistakes to avoid. Top 10...
Read moreInvesting in your first commercial property is an exciting journey but can also be complex. Choosing the right financing is critical to ensuring your investment is profitable and sustainable. Here are five ways to finance your first commercial property. 1. Capital spend One way to make your first commercial property purchase is to pay for...
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