Ashley Finance Expands offer into Scotland

Following a successful pilot, specialist small business lender Ashley Finance is launching two of its products onto the Scottish market.

• Ashley Business Loans of up to £100,000 are available and are a fast and fair way to access cash for any business purpose.
• Ashley Bridging Loans are a short-term solution giving property buyers breathing space to secure long-term funding for time-sensitive projects.

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. The launch also forms part of the company’s broader strategy of continued growth across the UK.

Renowned for its ‘customer-first’ approach, Ashley Finance is popular with businesses who need a level of flexibility and support that traditional lenders are unable to offer.

Speaking about the launch, 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.”

Ashley Finance has been operating for 25 years, and has built a reputation for approving more finance for small businesses than any other lender. In England and Wales, it offers a broad range of products to meet the needs of all sectors, and intends to roll out further solutions to the Scottish market.