|
Are you truly independent? |
Yes.
Unlike other tied agents, we are truly independent
organisation working alongside a range of
specialist lenders to ensure we can get the
best deal for you.
UK Commercial Loans is a business finance
specialist organisation with a strong business
advisory orientated approach. We do not act
as a mere sales orientated mortgage broker
pushing deals onto clients. Our goal is rather
to understanding your business and personal
needs and present a range of options acting
in the best interest of our clients to ensure
their commercial ambitions materialise.
Our strong understanding of the commercial
finance sector coupled with our business
management consulting skills, allow us to
provide truly independent advise at most
critical times during the growth of your
business aspirations.
Should you choose, you may further benefit
from the discounted services of our established
network of lawyers and insurance service
providers. |
| How
much can I borrow? |
We
can lend you any sum between £50k and
£10m, depending on the property and
the proposition.
The maximum lenders would typically consider
would be 85% loan to property value meaning
you would need a 15% deposit. The loan periods
can vary depending upon your circumstances
and proposal. Generally lenders will consider
upto 30 years with an interest only option
period to help you with your finances during
the early stages of establishing your business. |
What are your
interest rates? |
Honestly,
commercial mortgages are individually priced
based on the strength of the proposition being
placed with the mortgage lender. Whilst some
products are asset value based, other will
be dependent upon a range of variables. UK
Commercial Loans’s dedicated team pledge
to provide you with the most competitive interest
rate available in line with your particular
set of circumstances. We access the whole
of the commercial mortgage market and make
every endeavour we can to provide you with
the best mortgage to suit your needs.
Why not call us today to discuss your requirements
and we give you a detailed quotation. Commercial
mortgages are all individually priced above
Bank of England Base Rate or LIBOR (London
Interbank Offer Rate). The mortgage rate paid
will be different depending on the proposition.
Our understanding of the finance sector allows
us to negotiate upon the strength of your
proposal as valued member of your team to
ensure you get the best independent advise
and competitive deal.
|
| How
long will it take for me to receive the funds
I need? |
With
certain lenders we can usually provide you
with a lending decision in principle within
minutes and the funds you need within a few
short weeks. Realistically this is needed
for completion of surveys and completion of
the legal paperwork.
In extraordinary circumstances we have even
completed funding projects for clients within
days where some the surveys were already in
hand.
|
| Will
you have to go through my books? |
| No.
Some lenders offer a self-certification option
and UK Commercial Loans can handle everything
over the phone or a face to face meeting.
However we can aim to reduce your interest
rates working alongside specialist lenders
if certain basic information can be provided.
|
What if I can
provide full or partial accounts? |
| The
more information you can provide us about
your business the better understanding of
your requirements we have which we can use
when negotiating your proposal with the lenders.
It may mean we’ll be able to offer you
a lower rate of interest, comparable with
that of the High Street lenders. |
Does it matter
if I have CCJs or arrears on my existing mortgage? |
| No,
we look past your financial and credit history
with certain lenders. Whatever your circumstances,
there’s a good chance we could provide
the funds you need. |
What if I’ve been refused elsewhere? |
| Don’t
worry, at some point it happens to everyone.
We have worked with a range of clients and
have secured commercial mortgages for clients
who have previously found it difficult to
obtain a commercial mortgage from the traditional
High Street lender. |
Are there any
restrictions on how I use the money? |
| No,
it’s your money, your business. The
funds released may be for the purchase of
the property or the on a remortgage you may
decide to release equity and use the funds
for a well deserved holiday or new car. Were
sure you can decide how best to use it. |
Any more questions? |
| If you have any
additional questions, please feel free to
contact us with your specific requirements. |
