Ashley Finance expands into Scotland
Specialist small business lender Ashley Finance is launching two of its products onto the Scottish market.
Ashley business loans of up to £100,000 and Ashley bridging loans will now be available across Scotland.
The announcement comes just a few weeks after the company announced record-breaking results across England and Wales, which saw it more than double its lending on some products.
Liam Cavanagh, Operations Director at Ashley Finance, said: “Scotland has a wealth of successful small businesses but there are many that suffer from a common problem: accessing the cash they need to grow. After years of supporting SMEs across England and Wales, we committed ourselves to making 2017 the year when we started to help those north of the border.
“There have been some challenges along the way – the legal system isn’t the same, which has been a main barrier for some time – but we are delighted to have reached the point when we can finally make this announcement.
“We’ll be bringing the same, personal approach to serving our Scottish customers as we’ve employed successfully in other areas. We’ll asses every application on its individual merit and we’ll be saying yes to businesses when others have said no.”
Breaking news
Direct to your inbox:
More
stories
you'll love:
This week's biggest stories:
FCA
Firms required to report complaints involving vulnerable customers under simplified FCA rules
Santander
Santander joins mortgage price war with new rates from 3.51%
FCA
FCA sets out timeline for mortgage rule changes
Inflation
Bank of England set to cut rates as inflation falls to eight-month low
This week's biggest stories:
FCA
Firms required to report complaints involving vulnerable customers under simplified FCA rules
Santander
Santander joins mortgage price war with new rates from 3.51%
FCA
FCA sets out timeline for mortgage rule changes
Inflation
Bank of England set to cut rates as inflation falls to eight-month low
Nationwide
FCA fines Nationwide £44m for inadequate financial crime controls
FCA
FCA announces new measures to support growth of mutuals sector