All too often we see High St. Banks rejecting perfectly
viable Commercial Mortgage proposals ranging from the simple Buy to Let to Commercial Mortgages on Offices, Warehouses etc
etc.
We provide access to Specialist Funders whom, unlike most banks, will take a ‘Commercial View'
on funding proposals and where the underwriting is carried out ‘in house' so decisions are made within days
(or even hours) rather than weeks.
Although these funders interest rates are typically higher than you
would get on the High St. (due to the increased risk) most of these funders will allow you to re-finance
onto a lower rate elsewhere after 3 months with no penalty!
If the deal is commercially viable we can probably finance it
Key Benefits
| Rates and Terms
|
If the mainstream lender won't
help you - we probably can
| Deal Size:
| £100k
to £10m |
Specialists lenders you won't find on the
high street
| Term:
| 3 months upwards
|
| Assessed by underwriters NOT a computer | LTV:
| Upto
85% of Purchase Price (Max 75% of Value)
|
| Quick Decisions | Interest rates:
| Term Loans - 6.99% to 12% p.a
|
No credit scoring
| | Bridging Loans - 1% to
1.5% p/mth |
Adverse credit accepted
| Arrangement
Fees: | 2% to 3% of loan
|
No minimum period
of ownership
| Interest only available on all schemes |
Term loans and bridging loans
| Exit Fee:
| Nil
on most products after 3 months
|
No Up-front Fee policy is your peace of mind
| Valuation Fee:
| 0.2% - 0.3% + VAT of property value
|