Commercial mortgages and commercial loans are used in a wide variety of situations and not all of these will require the borrower to be a company or commercial entity.
Commercial mortgages are commonly used by business owners to provide funds for a business start-up, future growth or property purchase. However, commercial loans are also used by individuals who wish to undertake property development projects or to fund the purchase of property that a standard mortgage lender would reject. These could include farms, hotels, holiday lettings and even lighthouses to name just a few.
If you have a need to raise money with a commercial mortgage or loan then please get in contact, we can arrange for a commercial mortgage specialist to discuss your ideas in more detail.
Terms and interest rates for commercial mortgages will depend on the borrowers circumstances and the risk involved for the lender. Therefore each individual commercial loan is priced separately. Loans for commercial property are typically available from 70% to 85% of the commercial property value with each case being taken on its own merits.
Types of commercial property
We can help arrange commercial mortgage loans for most commercial property types including:
- Holiday lettings
- Prime office and retail
- Hotels and guest houses
- Nursing and care homes
- Farms and agricultural
- Property development projects
- Unusual properties; lighthouses, castles
Uses for commercial mortgages and loans:
- Purchase of commercial premises
- Property development
- Purchase of land
- Bridging finance
- Auction property purchases
To discuss your commercial loan requirement please call us on 0800 316 5756
Please note that the Financial Services Authority do not regulate commercial loans or commercial mortgages