Who can you actually speak to at your bank? Who answers your questions and actually makes decisions? If you cast your mind back, a business used to have a dedicated bank manager – someone who knew the business inside and out. And if you wanted to secure finance for your business, they had the knowledge,...
Read moreAccording to the Federation of Small Business, two in five small firms looking to secure finance for their businesses are having a hard time getting the required funds, even if they are highly profitable. What does that mean for small businesses? Firstly, don’t panic, you can still get finance, you just need to know who...
Read moreASC always finds other ways to get the job done and Philip Thompson, ASC Director in Northamptonshire has helped a client, Mr Wright, secure finance for his commercial property portfolio. Mr Wright has been a client of ASC for many years, so he was already aware of the value Philip can add and how the...
Read moreSince the start of the pandemic the majority of brokers have seen reductions in the financing products available from lenders. Close to 90% of brokers believe the most affected in 2021 will be commercial mortgages, unsecured loans and secured facilities. Why is this likely to happen? There has been a lot of lending over 2020, but the majority of lending capacity has...
Read moreAccording to a recent Bank of England report, net bank borrowing by small and medium sized businesses was a record £43.3 billion in 2020 compared to £1.4 billion in 2019. It is expected that by the end of 2021 UK small business borrowing will exceed £60bn. For small business using governmental and private financing options...
Read moreDid you know that there are over 300 banks and 45 additional building societies in the UK? That’s quite a lot! So how do you know which lender is the right one for you and your business? At ASC we offer a refreshingly personal service for business owners. This is an experience that may not always be received...
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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...
Read moreAttitudes change over time. That’s one of the inveterate facts of the world. What was once an outlandish and ridiculous suggestion, ten years later becomes the de facto norm. Finance is no exception to this – a fully-computerised loan process must have seemed mad when first suggested! The newest change in the status quo of...
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There are many different ways to get a loan. We’ve talked about a number of them in these blogs, and you’ll find even more on our website. However, the financial process has another part to it – security. Security is a deceptively complex topic, with a lot of different interpretations to be had. So, here’s...
Read moreWith over 20 offices nationwide, there is always a local director to assist you