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    Pros and cons of bridging finance 

    Bridging finance is a short-term loan (typically 12 months or less) that provides an immediate cash boost. A bridging loan could be beneficial if you need a short-term loan or access to finance quickly. However, as with all commercial finance options, bridging finance does have some drawbacks. Here’s a summary of the pros and cons...

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

    Does my personal credit score matter if I’m getting a business loan?

    When it comes to commercial mortgages, many business owners wonder whether their personal credit score plays a significant role in the loan approval process. While commercial mortgages differ from personal mortgages in several aspects, your credit score can matter when applying for a commercial mortgage, though it will depend on the type of finance you...

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

    A Short Guide to Refinancing a Commercial Loan

    If your business has a commercial loan, then you should regularly consider whether refinancing can help improve your financial situation. It could provide you with the opportunity to secure improved terms or achieve specific objectives. However, it’s important to approach refinancing with careful consideration. In this short guide, we have outlined the key factors to...

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

    How can you get a business loan through Peer-2-peer funding?

    Peer-to-peer commercial funding, is a form of financing that connects businesses in need of funds with investors who are looking for attractive returns on their investments.  The process typically works as follows:  A business applies for a loan, either directly or through a broker such as ASC, through a peer-to-peer lending platform. The application includes...

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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, Economy, Finance, Financial World, Loans, Property, SME

    Where does the saying “Cash is King” actually come from?

    The saying “cash is king” is a common phrase used in the financial world. It means that cash (or liquid assets that can be easily converted into cash) are the most valuable assets to have, especially in times of uncertainty.  The origins of the phrase are not clear, but it has been used in the financial...

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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

    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...

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

    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,...

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