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Finding Finance

  • Banks, Business, Finance, Loans, SME

    Are lenders putting clients under too much pressure to refinance? 

    A lot has changed in the commercial lending market over the last few months. We have seen record rises in interest rates – and lenders have had to quickly change and update their criteria to respond to the changing landscape. One knock-on effect of this has been an increase in the number of lenders who...

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  • Banks, Business, Finance, Financial World, Loans, Property, SME

    Why are valuations essential for property loans?

    Valuations are essential for property loans for several reasons:  Determine the Loan Amount: Valuations help to determine the current market value of the property, which is then used to calculate the maximum loan amount that can be offered. Lenders need to know the value of the property to ensure that the loan amount is appropriate...

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  • 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,...

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  • Business, Finance

    We asked AI whether AI could replace a commercial mortgage broker. This was their response. What do you think ?

    Most people who have been on social media recently will have seen that there’s a lot going on with AI advancements at the moment. While AI technology has advanced significantly in recent years, it is unlikely that it will entirely replace the need for a commercial mortgage broker. Well of course we would say that,...

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  • Banks, Business, Finance, Financial World, Loans, Property, SME

    Looking for evidence that a broker matters? Almost a third of broker clients have secured finance, despite having been declined elsewhere!

    We often get asked why people should use a broker if they are looking to raise commercial finance. In their recent survey, the @National Association of Commercial Finance Brokers, highlighted one particular statistic which we thought really showed the value of a commercial finance broker. Of all the clients that brokers secured finance for, 29%...

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  • Banks, Business, Finance, Financial World, Loans, Property, SME

    Why do lenders need to see my bank statements?

    It is a question we often get asked by our clients. When we are discussing their commercial finance requirements with them, we go through the documentation that lenders might request as part of their underwriting. One thing lenders often ask for is the borrower’s bank statements. And one thing the borrower often asks is “why?”...

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  • Banks, Business, Finance, Financial World, Loans, Property, SME

    Why you should buy a fitness centre in 2023

    Thinking of buying a fitness centre? From health clubs to standard gyms, this article from BusinessesForSale.com will list the top reasons why investing in this sector is a smart choice.  Is buying a fitness centre a good idea?  Health and wellness are not products. They are a lifestyle that many people incorporate into their daily...

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  • Banks, Business, Finance, Loans, Property, SME

    You know the banks that don’t lend – we know the banks that do!

    Who can you actually speak to at your bank? Who answers your questions and actually makes decisions? If you cast your mind back, a business used to have a dedicated bank manager – someone who knew the business inside and out. And if you wanted to secure finance for your business, they had the knowledge,...

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  • Banks, Business, Finance, Loans, Property, Property development

    Can I apply for finance without planning permission?

    This is a question we often get asked by aspiring property developers. Can I apply for finance for a property development before getting planning permission? There are a few options open to you: 1) Wait for planning permission. You can wait for planning to come in before applying for finance. But this can sometimes leave...

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  • Business, Finance, Loans

    What’s your New Years Resolution for your Business?

    2023 is here. Have you made a new year’s resolution for your business? Maybe this is the year where you undertake that next project, reorganise your finances, or bring on more staff. Whatever your dreams and goals are, it is important that if you have a target for your business, that it is something achievable....

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