Uk Commercial mortgages
Are usually the most effective way to finance the purchase
of land and/or buildings for your company. It can provide
a flexible and affordable approach to financing. In essence
a commercial mortgage is a special type of commercial loan
in which the lender holds a legal claim over the purchased
property until the mortgage loan has been repaid in full.
A UK commercial mortgage can be structured
in a number of different ways and the two important factors
to consider are:
1. The type of interest rate; and
2. The repayment schedule for the mortgage.
Every business needs finance - for expansion, purchase
purposes or re-finance.
Business Financing
Includes business purchase, business expansion, refinance,
stock finance and working capital as well as partnership
buyouts, property development, acquisition and investment.
- Individual Facilities - Tailor-made lending schemes, positively
directed towards individual requirements for the local business
community.
- Venture Capital
- Business start-up, development and management buyout
- Commercial - Factories, Industrial Offices
- Professional Practices - Accountants, Dentists, Doctors,
Solicitors, Vets.
- Investment Properties - Commercial, Live/Work Premises,
Residential
- Property Development - Commercial, Residential.
- Leisure - Guest Houses, Hotels, Public Houses, Restaurants,
Wine Bars.
- Health Care - Nursing Homes, Residential Care, Special
Needs Homes
- Retail Premises Including - Convenience Stores, Fast Food
Outlets, Grocers, Newsagents, Off Licences, Post Offices,
Specialist Shops, Supermarkets
- Purchase, Expansion, Re-Finance
- Audited Accounts - Applications typically treated on their
own merits. It's not always necessary to have audited accounts.
A suitable business plan or appraisal can be acceptable
to many brokers.
Commercial Mortgage Interest rates
Interest rates
should be kept as low as possible but consideration of other
important factors may well determine the most appropriate
approach. For example , the size of the monthly installments
on a short repayment period may inhibit cash flow and cause
difficulties even if in a successful business. Or fluctuations
in the money market may give rise to problems so a fixed
or partially fixed rate may be preferable.
Asset Based Finance
To assist in securing a high percentage advance, or where
no suitable freehold security is available other forms of
asset-based finance such as factoring, invoice discounting,
leasing and overdraft facilities can be arranged.
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