News

We’ve said it before, but as an established commercial finance broker, the relationships we have with well-known lenders put us in a unique position to help our clients and introducing partners we support.

Exclusive offer for refinancing debt and raising capital!

Earlier in the summer, we published that one of our lenders had waived the arrangement fee for trading businesses refinancing existing loans. It wasn’t just the 0% fee; they were offering favourable terms to a wide range of businesses and sectors.

Additionally, we can now confirm another lender has launched a range of reduced interest rates for clients looking to refinance property, available for property investment as well as the trading business exclusive previously announced. This means if you already own a property and are looking to refinance or raise capital, you could access these exclusive discounted terms.

Why refinance debt?

There are lots of positive reasons for corporate refinancing and many companies, particularly in the current climate, look for ways to refinance existing debt balances and specialist finance. Essentially companies are seeking solutions for securing better interest rates and more favourable finance options such as better terms or extended repayments benefiting cash flow.

It’s worth highlighting that this isn’t the right course of action for all, many are looking to pay down debt as soon as possible, but for others it can be a lifeline. The Omega team partner with lenders willing to be accommodating to companies looking to navigate challenging economic circumstances with pressures on cash flow. This process still clearly requires scrutiny and it is essential you speak to one of our experts about the options available, including the exclusive terms available but also associated costs of refinancing.

Lenders want to help Businesses and Investors.

In August, the BoE Base Rate finally came down for the first time in four years which was encouraging news for property investors and the commercial finance sector. It has been our experience that lenders have been doing what they can this year to aid borrowers and through such exclusives as these, it seems they are looking to add additional assistance for refinancing existing debt through access to discounted rates or waiving fees.

Exclusive refinancing offer

What are the qualifying conditions to access the new exclusive offer of discounted interest rates:

• There doesn’t need to be any existing debt to qualify as a ‘refinance’
• The property needs to be owned already

Clearly we will need to verify the deal fits within the lender’s wider standard lending criteria, but access to the exclusive is not limited to straight refinances but also includes capital raising requirements.

If you are asking questions as to whether you or one of your clients might meet the criteria for our lenders, the best thing to do is to get in touch with one of our professional team who can discuss this in more detail.
contact forms   0333 6000 007.