Commercial Property Archives - Page 3 of 4

23/10/2023 Business, Finance, Loans, Property, Property development

The role of bridging finance in property development and investment

Bridging finance is a short-term loan (typically 12 months or less) that provides an immediate cash boost. Bridging finance plays a crucial role in property development and investment by providing short-term capital to bridge funding gaps or facilitate property transactions. This form of financing is favourable when traditional forms of financing, such as bank loans,...

15/08/2023 Loans, Property

What lenders look for in commercial mortgage applications

A commercial mortgage is a secured loan used to purchase a commercial property. When deciding whether to lend, lenders assess several key factors to determine the borrower’s creditworthiness and the overall loan risk. Each lender may have slightly different criteria, but generally, they look at the following: Business and financial information Business history and type:...

13/06/2023 Banks, Business, Finance, Financial World, Loans, SME

Does my personal credit score matter if I’m getting a business loan?

When it comes to commercial mortgages, many business owners wonder whether their personal credit score plays a significant role in the loan approval process. While commercial mortgages differ from personal mortgages in several aspects, your credit score can matter when applying for a commercial mortgage, though it will depend on the type of finance you...

06/06/2023 Banks, Business, Finance, Financial World, Loans, Property, SME

A Short Guide to Refinancing a Commercial Loan

If your business has a commercial loan, then you should regularly consider whether refinancing can help improve your financial situation. It could provide you with the opportunity to secure improved terms or achieve specific objectives. However, it’s important to approach refinancing with careful consideration. In this short guide, we have outlined the key factors to...

25/04/2023 Banks, Business, Finance, Loans, Property, SME

What is the difference between open and closed bridging?

Bridging finance is a short-term loan used to bridge a financial gap between the purchase of a new property and the sale of an existing property. There are two main types of bridging finance; open and closed. Open Bridging Finance has no set date for the loan to be repaid. This type of bridging finance is...

12/04/2023 Banks, Business, Finance, Financial World, Loans, SME

Why you should consider buying a business!

A lot of people aspire to be their own boss – one way of doing this is to look at buying your own business. Buying a business can be daunting, but it can also be a smart investment decision, and there can be specific benefits to business ownership. If you’re considering buying a business, it’s...

21/03/2023 Banks, Business, Finance, Financial World, Loans, Property, SME

What to consider when choosing a commercial mortgage

Determining the right commercial mortgage for you depends on several factors, including your financial situation, the type of property you are purchasing, and your long-term goals. We’ve highlighted just a few of the factors to consider when choosing the right commercial mortgage for you. Loan Type: Commercial mortgages come in different types, including fixed-rate, variable-rate,...

26/04/2022 Finance, Investment, Property

Commercial Property market on the rise in the UK.

As the last restrictions were removed in the UK earlier in the year, and many companies have asked their employees to return to the office, commercial property is back in demand. Many commercial property owners are seeing the rents which went unpaid, or were paused during lockdowns, being paid back, and there is an...

03/08/2021 Investment, Property

Can I use a SIPP to invest in commercial property?

What is a SIPP? The self-invested personal pensions (SIPP) are designed for people that want to manage their own pension funds. SIPPS can provide a cheap, flexible and straightforward way to save for your retirement. SIPPs are primarily for those who don’t want a pension company deciding how their pension savings are invested and prefer...

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