We recognise that speed and flexibility are paramount to our customers. For this reason we take away the need for personal interviews and minimise the disruption to your business activity. We can provide term finance on properties including;
- Pubs, restaurants, take-away units.
- Shops, shops with living accommodation.
- Hotels, guest houses, B&B's, holiday lets.
- Industrial units, factories, offices, warehouse.
For borrowers looking to raise between £50k and £2m, the process is geared towards being simple, quick and flexible. Mortgage products are available with terms up to 30 years, generally up to 75% LTV (for transactions up to £500k)
It is important to distinguish that we will provide a mortgage product and therefore the advance is made against the market value of the property, excluding goodwill and any fixtures or fittings.
We are able to arrange lending up to 85% of purchase price for sitting tenants purchasing at a discount (subject to this not exceeding our LTV restrictions on valuation) and 100% advances can be made with additional security (either residential or commercial property) from the borrower. Early repayment charges apply.
The product can be used for any purpose including;
- New business start-ups.
- Business turnaround solutions.
- Short Term Finance and debt consolidation.
- Working Capital raising.
- Property improvement.
- Business expansion.