Centre for Business 12 Devon Place Newport City NP20 4NN 01633 224413 |  | |
       
| Commercial MortgagesMost business owners either own their own property or have aspirations to one day own their own premises. A commercial mortgage is the traditional way of raising finance to support the purchase of their premises. Loans are available for up to 85% of the value of the property value. Rates of interest vary considerably between lenders, and also the amount of information required can be very different. Some lenders require significant levels of information, which can take time to collate. Despite producing this, a positive outcome is not always the end result. We keep fully informed of the deals that are available, which takes away the headache for business owners when looking for an appropriate package. Business owners are better employed within their business producing additional sales or indeed improving the efficiency of the business. By freeing up time to do these things the business in turn becomes more profitable. That's why people are in business. Having agreed that real entrepreneurs are in business because they have great ideas and are superb at running their businesses, they do not always have the time to really focus on the funding of the business. It could well be that a commercial mortgage already exists on a property that was purchased some time ago. Is this a good deal? Has this been looked at recently? Are there better packages currently available that could significantly reduce the current cost? All of these questions, business owners should regularly ask themselves, but rarely do. Should you require more information about products that are currently available or would like a free review of your existing facility to establish whether you are paying too much please contact us. | |
Your property may be repossessed if you do not keep up the repayments on mortgages or other loans secured on it. The contents of this website are intended for use by residents of the UK only, and are not aimed at or intended for use by residents of any other jurisdiction. Copyright © 2006, 2007 FXW Commercial Finance Ltd registered in England and Wales number 5985555 Registered Address: 1 The Meadows, Cromwell Road, Risca NP11 7AR Website Design Risca IT Services
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