Refinancing a commercial property means taking out a new mortgage to replace the existing one. Refinancing could bring a number of benefits to your business if done at the right time. Refinancing could be beneficial to your business in the following scenarios: Lower interest rates: Interest rates regularly fluctuate. If rates have fallen since taking...
Read morePeer-to-peer (P2P) lending is a fast-growing type of finance in the UK. Here’s a handy guide if you’re wondering about using P2P to finance your business. What is P2P lending? P2P lending is a form of financing that allows investors to lend money to businesses needing funds. This process occurs through online platforms that match...
Read moreUsing a commercial finance broker can be a wise choice for businesses requiring a loan. However, some common myths surrounding finance brokers can be misleading and may prevent businesses from using their services. Here, we debunk some of the most common myths about finance brokers so you can make a more informed decision about using...
Read moreA recent survey highlights the benefits of using a commercial finance broker when seeking funding for your business. The latest National Association of Commercial Finance Brokers (NACFB) membership survey of over 2,400 commercial brokers and 155 lenders found that commercial finance brokers facilitated a significant £38 billion in lending to small and medium-sized enterprises (SMEs)...
Read moreImproving the creditworthiness of your business is essential for gaining access to financing, securing favourable loan terms and building trust with customers, suppliers and partners. Here are some tips to help you enhance your business’s creditworthiness. Business credit score The measurement of your business’s financial health is your business credit score. A good business credit...
Read moreAs you’re on our website, you probably already appreciate the virtues of using a commercial finance broker. But what makes ASC the broker for you? Check out this five-star review for our Hampshire and Dorset office. We think it illustrates our case perfectly! “I recently had the pleasure of working with ASC Finance for Business,...
Read moreSecuring finance without trading accounts can be a chicken-and-egg situation. You need finance to start trading, but you can’t get finance without accounts proving the business has been successfully trading. However, all is not lost. With the help of a professional, it’s possible to convince a lender that your business is credit-worthy. For example, The...
Read moreLast autumn’s market turmoil and the subsequent 14 consecutive base rate rises by the Bank of England have dramatically changed the commercial lending landscape compared to 12 months ago. So, if you’re considering buying or expanding a business, how likely will you get bank finance? Here’s how the UK bank lending market is currently looking:...
Read moreBridging finance is a short-term loan (typically 12 months or less) that provides an immediate cash boost. Bridging finance plays a crucial role in property development and investment by providing short-term capital to bridge funding gaps or facilitate property transactions. This form of financing is favourable when traditional forms of financing, such as bank loans,...
Read moreDan Gateshill is the Regional Director at our Hampshire, Dorset and Isle of Wight office. We asked him a few questions to help you get to know the man behind the desk. How long have you been with ASC? Six and a half years. What makes you a good broker? Feedback from my clients shows...
Read moreWith over 20 offices nationwide, there is always a local director to assist you
