Hospitality, leisure and construction have been identified as the front-running sectors actively seeking business finance, according to a new survey of commercial brokers conducted by SME funding provider Asset Advantage. Nearly half (47%) of the commercial brokers surveyed pointed to construction driving demand for business finance – closely followed by businesses in the hospitality and leisure sectors (45%). More than …
Asset Advantage, a leading provider of business finance to UK SMEs, has announced the launch of two new dedicated products as part of its enhanced business loans offering. The first is a Capital Expenditure (CapEx) Term loan, which is designed to provide flexible funding for business assets that may not be suitable for more traditional funding types. This covers non-standard …
Plans to retire or step back are the primary motives for business owners looking to sell as part of business acquisition deals, commercial finance brokers have told SME funding provider Asset Advantage. When asked what are the main reasons why business owners are looking to sell, nearly seven in ten commercial finance brokers (69%) said retirement or plans to step …
Business growth ambitions and management buy-outs (MBOs) are the main drivers behind business acquisition funding, according to a new survey by leading SME funding provider Asset Advantage. When asked to identify the main drivers of business acquisitions, more than half (53%) of commercial finance brokers said that clients looking to expand their current businesses was the primary motive. Meanwhile, one-in-four …
Asset Advantage is committing to the ongoing strengthening of broker relationships with the appointment of William Thompson as Trainee Broker Manager. In this role, William will primarily focus on supporting our broker network to help drive the business forward. William will be working in the growing team headed by Jonty Cooke, Broker Manager, where his responsibilities will be to build …
Asset Advantage’s sponsored driver, Nick White, is preparing for a decisive weekend at Donington Park, as he battles for the 2025 Ginetta GTP8 Championship Pro/Am title. The season finale promises to be a thrilling contest, and the Asset Advantage team will be there in force, travelling to Donington to cheer Nick on from trackside. Nick has enjoyed a long-standing partnership …
Sales Director Gary Thompson Discusses the Importance of Strong Broker Relationships Asset Advantage are celebrating the launch of the most recent episode of their podcast: Asset Advantage Out Loud. The latest episode sees new Sales Director Gary Thompson invited into the studio to discuss his strategy for the sales team, and how he is putting broker relationships front and centre …
Nearly 60% of commercial finance brokers have reported an increase in client demand for funding to buy a business, while more than third say demand has remained consistent – new research from SME funding provider Asset Advantage has revealed. In its latest commercial broker survey, 47% of brokers told Asset Advantage that they have seen a slight increase in acquisition …
Commercial finance brokers continue to report a lack of appetite or options from lenders for business acquisition deals, new research from SME funding provider Asset Advantage has revealed. A third of brokers have expressed difficulty in gaining appetite from lenders for business acquisitions – the same as in Asset Advantage’s 2024 broker survey. The number of brokers finding it challenging …
Asset Advantage, one of the UK’s leading providers of business finance for SMEs, is set to launch a brand-new survey to gain deeper insights into the challenges and opportunities for commercial brokers when sourcing funding for business clients. The new survey aims to explore the key themes and topics shaping the commercial finance market to understand both the current and …