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Getting a Loan

  • 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...

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

    Where does the saying “Cash is King” actually come from?

    The saying “cash is king” is a common phrase used in the financial world. It means that cash (or liquid assets that can be easily converted into cash) are the most valuable assets to have, especially in times of uncertainty.  The origins of the phrase are not clear, but it has been used in the financial...

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  • 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

    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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  • 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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  • Business, Finance, Loans

    Commercial Property Outlook for 2023 – Are there Opportunities amongst the Headlines

    We were looking at some of the headlines regarding the commercial property market for 2023, and they presented a mixed picture. The effect of higher interest rates, and higher costs have meant that some businesses are feeling the pinch. And some forecast have predicted that this might have an impact on commercial property values and...

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  • Business, Loans, SME

    How to maximise your chances of receiving finance - 3 tips for the best applications

    So, you need additional financing for your business? With lenders receiving 1000s of applications a year, it is crucial that to be receive the highest level of consideration, your application stands out. Indeed, the quality of applications that lenders receive from different brokers is not always the finest and that impacts how they view any...

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  • Finance, Financial World, Loans

    Loans are about people, not just product

    When you’re applying for finance, what do you think lenders look at? The financials? Definitely – lenders want to see what potential your existing business (or the business you’re purchasing) has to repay the loan before they’ll put money on the line. The business’ history? Certainly – they’ll want to know what your organisation has...

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  • Financial World, Loans, SME

    Everyone wants the “right” deal. What does that actually mean?

    One of the first things any broker will hear from a client is “What deals can you get me?”. It’s not an unexpected question, nor is it an unfair one. After all, when it comes down to it, a broker’s job is to get the finance you need, with the right terms. However, there’s one...

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