ActSmart replies to 'credit squeeze for cycle dealers' article

RESPONSE: ‘Bike shops do have finance options’

This article is a response to this article, concerning bike shops struggling to get finance from High Street banks.

Tony Jones, business development , ActSmart: "It does seem as though the majority of ‘High Street’ banks are making it difficult for bike shops and all SME businesses to gain finance that is so often required to survive and grow the business.

I am not sure if you are aware that ActSmart have recently partnered with ASC Finance for Business. ASC specialise in securing funding for SME’s from a panel of lenders, at very competitive lending rates. ASC do all the work on behalf of the client and prepare the case before putting it to a panel of lenders in a bid to secure funding for that business. So often the outcome of a finance application is based on the quality of the business plan/forecast for the business which is where ASC help to position the case in the best possible light.

For more information, please see: ASC Finance for Business.

Tony Jones, Business Development, ActSmart

Tel: 0845 618 7256

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