Commercial Mortgages - The Right Way
Whatever you are aiming for in business, our associated experience helps you to get there.
PURCHASE, EXPANSION, RE-FINANCE
Competitive rates of interest with repayment periods up to thirty years. High percentage advances are available, often up to 100% with suitable security.
Applications are treated on their own merits. It is not always necessary to have audited accounts. A suitable business plan or appraisal can be acceptable.
SPREAD OF SOURCES
ASC has access to many lending sources. Our knowledge of their preferred type of business and our careful negotiation helps applicants avoid disappointment.
We can help when approaching the lending institution, for example by ensuring that they don't discourage you by asking for extra information that is not readily available or not really necessary.
Interest rates should be kept as low as possible, but consideration of other important factors may well determine the most appropriate approach.
For example, the size of the monthly installments on a short repayment period may inhibit cash flow and cause difficulties, even in a successful business. Or again, fluctuations in the money market may give rise to problems, so a fixed or partially fixed rate may be preferable. Indeed, financial flexibility may be of more importance than the interest rate.
ASSET BASED FINANCE
To assist in securing a high percentage advance, or where no suitable freehold security is available, other forms of asset based finance such as factoring, invoice discounting, leasing and overdraft facilities can be arranged. These may run alongside other finance, such as brewery loans, equity finance and private funds.