Commercial Mortgages for businesses seeking to purchase or refinance their own trading premises.
Whether buying new property or refinancing outstanding debt, we can help clients at every step. Our bespoke service ensures we fully understand both the business and the funding requirements in detail, delivering not just any deal but the right deal.
We’ll outline the very best terms available from the whole market, then manage the application process from enquiry to full credit sanction and through to completion.
Commercial mortgages are available to all applicant types; individuals, partnerships, limited companies, trusts, pension schemes, complicated and layered company structures, including situations where the property is owned by or to be purchased in the name of the directors and rented to their business.
Funding is available up to 82% of property value for many property types, and business goodwill can also be funded for certain sectors. Interest-only and part-repayment options are available with loan terms up to 30 years.
Professional practices can be financed to 100% of property value plus goodwill funding.
The most competitive terms are available for established businesses with strong trading accounts, however we can also arrange finance for start-up or newly formed businesses where a robust plan is in place.
We therefore understand how businesses work and, more importantly, the issues they face and how to overcome them.
If you need to raise finance for cashflow purposes, expansion or any other legitimate business purpose, and the Bank just won’t help, there are other options.
Cash can be raised even if you do not have property or other assets which can be used as security, with unsecured loans available up to £150,000 at competitive rates.
Repayments can often be structured based on your actual turnover during the repayment period, so your cashflow is not put under unnecessary pressure.
Due to the complexity of this type of funding which requires an understanding of your business activities and how you receive payments from your customers, it is not possible to list the various options here which are available from Banks, peer-to-peer providers and structured debt.