News

The UK economy depends heavily on Trading Businesses and pressures on cash flow can hinder and impact their operations and success. Omega has already had a strong reputation for supporting businesses and achieving commercial mortgages that perhaps may have not been available elsewhere. We remain well-positioned to offer a range of commercial finance options that can help, including many businesses seeking to improve cashflow.

Terms available across majority of trading business sectors:

80% Loan to value   0% Lender fee where refinancing debt

25 year repayment and committed term (interest only options available)

Healthcare available up to 100% LTV

Recent case:

1.89% over Base Rate (variable rate)

£600k facility 5 year committed term on 25 year repayment profile

 Providing Agile Financial Solutions for Businesses

As an experienced commercial finance broker, with over three decades in this space, the Omega team aim to facilitate tailored financial solutions that deliver on the specific need of business owners, even in the face of economic challenges. The business environment remains changeable, managing cash flow and securing financial stability are paramount concerns for any organisation. Fast-moving markets and rising costs require agile financial solutions for our partner networks that meet the needs of their clients.

We are seeing a rise in requests from trading businesses looking to refinance existing arrangements onto more competitive terms. This restructuring of debt is designed to assist cash flow through reduced monthly repayments. Many businesses have had to take on government loans and unsecured loans available through various funding platforms – these businesses now approaching us looking to refinance these obligations and spread the costs over an extended period secured against their trading premises.

Recent completion was achieved at a 90% purchase price (no more than 70% LTV) where the tenant had an opportunity to buy their own premises at a discount to open market value.  

Changing loan terms – how this helps cashflow

By extending the repayment period on finance, businesses can ease their immediate cash flow pressures freeing up capital that can be used to help grow their trade. Our team always holds discussions with the IFAs and introducers we partner with so that they can be completely transparent on the implications for their clients. It’s important to note for example that spreading out the cost over a longer time could mean a higher total cost at the end. There are however significant rate reductions that we can secure that potentially offset this, sometimes leading to overall savings.

Range of commercial finance solutions

In our experience, one size does not fit all, and businesses have different needs and challenges. We partner with some of the biggest lenders in the market to provide a range of commercial finance options that support various aspects of a business’ operations. From day-to-day working capital needs to funding for strategic growth initiatives, we have a variety of finance available backed up by full support, advice and reactive service.

“Its important to fully understand the costs of any refinance and debt consolidation, as spreading the cost of that debt over an extended term can result in greater overall interest costs to the business over say a 25 year repayment period. However by doing so, the business can also greatly reduce the monthly commitment and  immediate cashflow. We would always recommend to discuss this at length with the advising broker.”

We see our role at Omega as more than helping to secure funds; it’s about building lasting relationships with our clients and ensuring businesses can adapt to changing circumstances and seize new opportunities as they arise.