Buying premises
Are you finding your current premises are too small? Or thinking of taking the plunge and need your first office space, shop or restaurant? Whatever the reason for needing a business mortgage, if you need to find a commercial property we can help.
Maybe you’re looking to move to bigger premises but struggling to sell your existing property. Have you thought of renting out your current premises and using it to raise the deposit for the building you really want? Or could you look to buy new premises through your pension? Our team of experts are on hand to offer advice on every aspect of financing your new business venture so your premises can work for you and your clients.
Portfolio lending
Are you an investor with a growing property portfolio? Property portfolio finance lets you consolidate multiple properties under one financing structure. Say goodbye to managing individual loans and varying terms.
Not only does it simplify management, but it also increases borrowing power. Lenders assess the value and income potential of your entire portfolio, meaning you can access higher loan amounts, secure better interest rates, and enjoy more favourable terms.
Benefits:
-
- Simplified management with one monthly payment
- >Increased borrowing power based on total portfolio
- >Better rates for larger portfolios
- Flexible structures
Investment property
Investment property covers anything for business use, not personal. This includes buy-to-let property or purchasing new commercial property for your business including new office space.
Maybe you already have businesses and are looking to release equity to expand and buy new offices? Or simply buying an extra property to rent out as part of your retirement plans.
West Midlands Investment Example 1 : A West Midlands investor refinanced a 4 unit commercial property for £3.1m. We secured the finance at 2.1% above base over 25 years with lease income covering the Commercial Mortgage repayment.
Derbyshire Investment Example 2 : Capital Raised on SASS Pension to allow client to use for onward investment purchases. Existing loan of £450k refinanced and further capital of £250k on 18 years term at rate of 1.99% above base rate. Existing rental income over the assets cover the loan repayments.
Business expansion
Is your business ready to expand to meet demand? Funding and planning business expansion is a fine balance. If your business is ready to grow, let us help you get your business expansion finance in order.
Maybe you’re branching out into a new sector, business is booming and you need extra premises, or more room to accommodate staff? We can help you access the funding you need through business term loans, working capital facilities, asset finance, or commercial mortgages for expansion premises.
Bridging finance
Buying a new business on top of your existing business can cause disruption. Keeping your existing site running while you move ensures clients aren’t affected. That’s where bridging finance helps.
Bridging loans are short-term loans which allow you to keep your business running normally while buying new property. Moving house is difficult enough, but moving from one office to another in one day while keeping systems up and running and phones still ringing is a logistical nightmare.
A bridging loan can fund the new premises until you move out and sell the old one, leaving you with happy customers unaffected by the changes.
They should never be seen as a long-term solution – always have a timeframe and exit strategy.
Agricultural finance
Few markets are changing as fast as the agricultural and rural industries. As a rural business, you need finance as flexible as you have to be.
Our agricultural finance solutions offer just that – the finance you need to succeed. Maybe you want to convert outbuildings for holiday lets, finance a farm shop, buy new equipment, or invest in your future by buying out your tenancy agreement.
Solutions for:
-
- Farm purchases and expansion
- Buildings and infrastructure
- Equipment and machinery
- >Diversification projects
- Tenancy buy-outs
Development finance
Planning a development? Whether building a row of houses, a new office complex or a large housing estate, you’ll likely need a cash injection to kick start the project.
With over 40 years combined experience supporting development projects, we can help at every step – from funding the land to development costs.
Working capital
Work in manufacturing? Need to buy in bulk? Or maybe suppliers’ lengthy payment terms are affecting cash flow?
A working capital loan can give businesses much-needed cash now to cover daily expenses when funds are tied up. They help businesses keep going, allowing staff to get paid, bills to be met, and stock replenished until other funds clear.
We can help with unsecured business loans, invoice finance, business overdrafts, and trade finance to purchase stock and materials.
They should not be seen as long-term solutions – simply there to bridge the gap when waiting for funds.
Asset finance
If you own a business, you’ll likely need to invest in the company at some point – whether that’s a new office, machinery, updating computers, buying extra fleet, or securing a business vehicle.
We can help finance those big spends while giving you advice on getting the most from your assets. Don’t put up with old equipment or offices that no longer suit. We can help you get access to exclusive deals that make your business needs a reality.
Whether you need to finance vehicles and commercial fleet, manufacturing and production equipment, office furniture and technology, construction equipment and plant, agricultural tractors and machinery, or medical and dental equipment, we have solutions including hire purchase and finance lease options.
Auction finance
When buying at auction, it’s important to have your finances ready before the hammer falls.
Is your property insured from the moment you legally own it? Is the site in a good enough state you will get a mortgage straight away or will you need a short-term loan to get the property developed to a stage you can obtain a mortgage?
Don’t leave your finances to chance. When buying at auction, things can move fast, so it’s best to be prepared and have all paperwork ready before you reach the auction room.
Let us talk you through the process and make sure you get the business of your dreams without any nasty surprises.
Tailored business finance
With over 30 years of experience working with various companies, we know each business is different, so we’re proud to offer support tailored specifically to your needs.
From accountancy and VAT to corporate finance and business growth, our independent advisers have first-hand knowledge of every aspect of running a business.
When it comes to business support, one size doesn’t fit all, so make sure you get a solution that works for you.
Previous credit issues
Starting any business venture is difficult, but starting with little or no finances and a bad credit history can seem impossible.
However, previous bad credit doesn’t mean you have no finance options available. Maybe your bad credit wasn’t your fault – a supplier failed to pay leaving you with mounting debts?
Getting the right mortgage, loan, or finance package could actually improve your credit score if you continue to keep up repayments.
Our team specialises in offering tailored solutions, so even if you’ve been turned down before, we could help. We can assist with County Court Judgements (CCJs), defaults and late payments, previous business failures, IVAs and debt management plans, and discharged bankruptcy.
Legal, Survey or EPC Quote
Book an appointment
Mortgage calculator
01332 300 300
