What is it?
Trading business finance allows you to use a commercial mortgage to buy or remortgage just about any type of non-residential property for business use. Whether you are looking to purchase new office space or release equity from an industrial unit or factory, a business mortgage could help raise the finance you need to achieve your business goals.
The funds raised through business finance can be used for range of purposes, whether you need extra cash-flow support, investment for new equipment, or even a new property to expand your operations. Our lenders will work with you to find a mortgage that will fit your business plans, and provide flexible terms to suit you.
Who is it for?
Trading business finance is suitable for just about any profession or industry. Your eligibility for the loan will be judged against your business income. Our clients range from sole traders such as hair salons and independent retailers, to large construction companies.
For more specialist professions such as solicitors, accountants and healthcare companies, our Professional Practice Finance may be a more suitable option.
Ensure you have a solid business plan and a clear cash-flow forecast to support your loan application.
You will need to demonstrate your experience in your specific industry and how you will repay the loan to give you the best chance of approval.
Ensure you can provide acceptable security for the loan; this can be almost any type of commercial property.