Commercial Funding Options | Commercial Property Finance

The Nature of Commercial Funding

Many commercial loans are bespoke loans tailored to the individual needs of the borrower!

That means that you cannot look at a chart of Commercial Loan rates and products and pick the best one for you!

Rather, commercial loans require your finance needs to be passed to a commercial lender on which they will quote a rate and deal suited to your needs.

The advantage of using an experienced commercial loan broker is that they can identify the most appropriate lenders for the kind of property / business that you intend to buy / run or are already running!

Essentially, the loans break down into three types: Business Mortgage - owner occupied - typically offers upto 80% loan to value

Investment Mortgage - where you intend to let the property to a 3rd party on a commercial (ie non residential) basis - typically offers 70% - 75% loan to value

Development Loan - where you want to develop or re-develop residential, commercial or semi-commercial property. Typically offers 70% site cost + 70% build cost

Here`s how we can help you achieve the best terms of a commercial loan:

Understanding your requirements

Identifying the most effective ways to achieve the required level of funding

Presenting your proposals in their best light

Negotiating on your behalf in order to obtain the most competitive and flexible terms

Progress chasing of your application through to completion

Approaching only the most appropriate lenders

CRITERIA

Commercial purposes

GET A QUOTE
We offer a strictly confidential, no obligation commercial loan quote service. As each lender will judge each application individually, you will need to make an application for a quote in order to establish likely rates.

Mortgages & Remortgages 8.4% APRC. Representative Example: Borrow £120,000 over 25 years at 5.99%, £778.86 pcm fixed for 3 years at 60% LTV. Then at 8.75%, £974.86 pcm, variable for 22 years. Total payable £286,416. Total cost of credit £166,416 (including: £985 broker fee, £999 lender fee & £164,432 interest)

Late repayment can cause you serious money problems. For help, go to moneyhelper.org.uk

Established In 1988. Company Registration Number 2316399. Authorised & Regulated By The Financial Conduct Authority (FCA). Firm Reference Number 302981. Mortgages & Homeowner Secured Loans Are Secured On Your Home. We Advice Upon & Arrange Mortgages & Loans. We Are Not A Lender.

First Choice Finance is a trading style of First Choice Funding Limited of 54, Wybersley Road, High Lane, Stockport, SK6 8HB. Copyright protected.