Remortgage your current premises to help pay for expansion or help with paying off debts.
Our commercial property mortgage consultants all have backgrounds in the banking sector and can offer added experience and advice to clients in respect of structuring commercial remortgage deals helping you make the most of your properties equity. This service can also be called refinancing or re-banking.
We have access to a wide range of commercial mortgage lenders, with some offering Adverse Credit Commercial Re-mortgages enabling us to match the client’s UK Commercial Remortgage requirements to the most appropriate lender.
At Global Asset Finance, we are able to source a wide range of innovative and competitive commercial remortgage finance packages.
Commercial Re-mortgage for my business:
Lower Interest Rates
Although you may have a mortgage on your business property you could benefit from better repayment rates by moving you mortgage to a different lender reducing your monthly repayments and giving you more money to invest in your business.
If you need more space but like where your business is situated then with a Commercial Remortgage you could release equity in your Businesses Property and pay for a new offices or just improvements or modernisation.
Grow your Business
A remortgage can give you business funds to pay for more staff or new machinery. You could use it for any purpose to help to grow and expand.
Almost all commercial property is acceptable, this includes:
- Pubs and restaurants
- Factories and Semi Commercial
- Investment properties
- Retail premises
- Hotels, guest houses, B&B’s
- Takeaways and cafes
- Holiday lets
The financial information that we will need to support a remortgage application is as follows:
- Last 3 years Audited Accounts
- Latest Management Figures
- Profit & Loss Forecast for next 12 months
- Last 6 months business bank statements
- CV and profiles of partners or directors
- Asset liability statements of applicants
All cases are supported by professionally prepared credit applications, thereby significantly enhancing the chances of our clients securing the optimum financial package.
We will show you a positive way forward!