Providing finance for a business or commercial property purchase is a specialised area with much fewer lenders than in the residential sector.
Lending can understandably be more risky for banks as not every business will succeed and generally there are fewer buyers looking to buy a commercial property than say a residential home or even a Buy to let property.
We at Jackson Potter have many years’ experience in this sector. We have access to a range of lenders and banks and their specialist underwriters. From high street names like Santander to private banks in The City of London.
Some areas we can consider;
Mortgages up to 70% of property value
We only loan against property values, not leasehold or business goodwill
Purchase a going concern
Minimum property value of £ 100000 - no Max
Refinancing of existing loans
Individual or Company names