Why UK Business Owners Should Use an Asset Broker to Secure the Right Commercial Loan

Neil Smith
Jun 12
3 min read

If you’re a business owner looking for a commercial loan, chances are you’ve already hit a few walls—slow banks, inflexible terms, or lenders that simply don’t get your business. The truth is, the commercial lending market has changed. Traditional routes don’t always work anymore. That’s where a commercial asset broker like Neil Smith, Director of Impact Commercial Finance comes in.

Impact Commercial Finance is an independent Asset finance broker not a lender, as such we can introduce you to a wide range of finance providers depending on your requirements and circumstances. We are not independent financial advisors and so are unable to provide you with independent financial advice. Impact Commercial Finance will receive payment(s) or other benefit from the finance provider if you decide to enter into an agreement with them. Impact Commercial Finance is an appointed representative of AFS Compliance Ltd which is authorised and regulated by the Financial Conduct Authority under number 625035.

Here’s why using an experienced broker to source your commercial finance isn’t just useful—it’s essential.

1. You Get Access to the Whole Market, Not Just One Lender

Go to your bank, and you’ll get one set of terms—take it or leave it. Work with Neil Smith, Asset Broker, and you get access to a panel of mainstream banks, challenger lenders, and private funders across the UK. We know who’s lending, who’s competitive, and who actually wants to fund your type of business. That puts you in control of the deal, not the lender.

2. Every Loan Is Tailored to Your Business Goals

A commercial loan isn’t one-size-fits-all. You might be buying property, refinancing debt, expanding operations, or bridging a short-term cashflow gap. Each scenario needs a different structure—term loan, interest-only, part-repayment, secured or unsecured. We tailor the loan to you, not the other way around.

3. Faster Turnarounds, Less Bureaucracy

Banks can be slow. Really slow. And once you’ve jumped through all their hoops, there’s still no guarantee of approval. As brokers, we pre-screen deals, package them properly, and put them in front of lenders who can move quickly. In many cases, we’ll have indicative terms back in days, not weeks.

4. Stronger Negotiation Power = Better Terms

Lenders don’t hand out their best deals to just anyone. But we negotiate on volume, track record, and market insight. That means lower interest rates, longer repayment periods, reduced fees, and more flexibility where it counts—whether that’s around early repayment, covenants, or security.

5. Real-World Advice, Not Sales Pitches

A good broker tells you what you need to hear, not what you want to hear. If a lender isn’t right for your circumstances, we won’t waste your time. If your application needs strengthening, we’ll tell you how. And if we believe you can get a better deal elsewhere, we’ll go out and get it.

6. We Help When You Don’t Tick All the Boxes

Let’s face it—many business owners don’t have perfect credit, flawless accounts, or easy-to-value security. That doesn’t mean you can’t borrow. We understand how to position complex or “non-standard” cases, and we know which lenders are open to them. Our job is to tell your story in a way lenders understand—and back.

Why Settle for the Bank’s Offer When You Could Do Better?

A commercial loan can be the catalyst that takes your business to the next level—or a financial trap if the terms aren’t right. At Neil Smith Asset Broker, we specialise in getting business owners like you the right funding, at the right time, with terms that make sense.

Stop trying to navigate the maze of commercial finance on your own. Let us guide you through it—and come out with a better deal on the other side.