Delivering hands-on service and tailored terms to our clients
The specialist, commercial and secured loan sectors continue to change and adapt to the world around us, and it’s our job to ensure we remain aware of these continuing policy changes to deliver bespoke terms to our clients.
Keep an eye out for next week’s article on Commercial & Business Finance across the high-street and beyond.
Not all policy amendments of late have been restrictive however, some allowing for increased borrowing, interest only options and lenders able to meet quick turnaround times.
Recent criteria changes allowing;
Improved terms for Convenience Stores:
75% of Going Concern value for experienced applicants.
Semi-commercial investment property:
75% funding at rates from just 3.5% above bank base rate.
Secured Loans – Personal, Hands-on approach delivering opportunities and saving our clients money.
Consolidate Debts: Our Customers were concerned about juggling their existing credit commitments, especially with the very uncertain outlook and not knowing exactly what may lay ahead of them. Over the Lockdown period, lender criteria changed significantly and often very quickly with little or no warning. We spent and invested time in identifying the best lender for our customers, comparing all associated costs vs. changing policy and pricing, and managed to consolidate multiple direct debits into one; reducing their outgoings by £650 per month.
“A Great outcome for our customers”… looking to consolidate multiple credit cards and personal loans. Despite some further restrictions to lender criteria, the first lender we approached did a great job at delivering exactly what we set out to achieve from the outset. The case was underwritten very promptly and we were able to help our clients reduce their monthly outgoings by just over £1,200.
0333 6000 007