What is a Business Loan?
Business loans are commonly used by business owners to access cash
needed for business start up, growth or improvement. There are a wide
variety of programs and lenders available, so it’s important to understand
your specific needs and pursue a loan that fits your situation
|
COMMERCIAL
RELATED LINKS |
|
Commercial Property Insurance |
At
UKinsuranceNET we work with the leading UK insurance
companies, ensuring that you not only have the best cover,
but also a competitive commercial property insurance quote,
for all types of commercial property and commercial combined
risk, including cover for unoccupied commercial property. |
|
CLICK HERE:
Commercial Property Insurance |
|
Blocks of Flats Insurance |
UKinsuranceNET
is a leading provider of insurance for blocks of flats in
the UK. We provide quotes from a panel of the UK's leading
insurers and ensure that your property gets the best
possible protection. |
|
CLICK HERE:
Blocks of Flats Insurance |
How can we help you?
We specialise in
providing business loans and re-mortgages for small to medium sized
businesses. We are not tied to any particular lending company and have
developed links with both Banks and non high street lenders so that we
have access to the whole market.
Competitively priced commercial loans are now available for:
- Purchase of commercial property/properties for your own use
- Purchase of commercial property/properties for investment purposes
- Purchase of commercial property/properties for your pension (SIPP/SSAS)
- Buy to Let
- Bridging finance
Product highlights
- Interest only option
- True self-cert
- Agreement in principle within 48 hours
- Adverse credit history no problem
Rates are available from Base + 1% for loans up to 85% Loan to value (LTV)
for terms of up to 30 years. In some circumstances loans of 100% LTV may
be available. Please note that rates, loans and terms will depend upon the
size and purpose of the loan, your status, and the lending sector.
What Can I Use It For?
Business loans can be used for many things. Some common uses include start
up costs, expansion of the business, capital investments, and refinancing
of business debt. Most business owners will pursue a business loan at some
point because it is common to need additional funds at various stages of
business development.
Where Can I Get A Business Loan?
Banks are a common source of business loans, but they are often more
conservative in their lending decisions. For this reason a bank is much
more likely to underwrite a loan to a larger or more established business.
It’s not impossible to get a loan from a traditional bank if you’re
smaller or just starting up, but you will usually need to provide more
extensive documentation of your business plans.
There are many other sources of business loans in the UK, so do some
research on other lending sources. There are lenders and angel investors
that specialize in small or start up loans, as well as venture capitalists
seeking larger investment opportunities. Additionally, there are several
government programs designed to assist business owners with securing a
business loan.
Often obtaining a commercial loan from a Bank is a time consuming process.
We can obtain loans where the Lender will look to the property as security
without the need for accounts and business plans. This enables us to find
a deal which suits your purposes.
We
can provide finance for clients in unusual circumstances such as
businesses with incomplete accounts, start ups, applicants with CCJ’s or
arrears.
To obtain a quotation simply click here.
Alternatively ring 01462 815095 and one of our brokers will be
delighted to discuss your situation. Our quotation service is free and
without obligation.
Free independent guide to commercial mortgages.
If you would like further advice concerning your commercial mortgage visit
the Business Link
– commercial mortgage guide.
| 
Home