When you need advise or assistance on commercial property finance!
A Statement of Fact……………………..
Most borrowers still turn to their own banks for commercial finance without realising that a specialist Commercial Finance Broker is often able to provide a more appropriate and competitive alternative. In the United Kingdom less than 30% of all commercial transactions are introduced to lenders by a finance broker whilst in the U.S.A. brokers handle upwards of 75% of proposals.
Why Consult a Commercial Finance Broker?
The commercial finance market is complex and highly specialised.
Applications that are poorly presented and badly researched are all too often declined for entirely the wrong reasons.
The commercial finance broker is the independent financial adviser of commercial property lending. Specialist knowledge of all lenders' terms is applied in approaching the best source of finance for purchase, development refinance or extension. This provides our clients with the most competitive package from the most appropriate lending source.
Who Should Deal with a Commercial Finance Broker?
1st Business Finance was originally established to provide a direct service to Commercial Borrowers and Property Developers and to handle transactions introduced on behalf of clients by
- Accountants
- Independent Financial Advisers
- Solicitors
- Surveyors
- Banks
- Property Agents
- Residential Mortgage Brokers
Why Deal with 1st Business Finance?
The company was formed to provide borrowers and introducers, with the competence and integrity needed to be a member of the National Association of Commercial Finance Brokers (the NACFB). The Association has registered a Code of Conduct with the Office of Fair Trading and is constantly raising professional standards within the industry.
As a business - we have accumulated a wealth of experience over many years and we enjoy the privilege of dealing with all principal commercial lenders with whom, we have built up strong ties over many years and are therefore well placed to source and negotiate preferential rates and terms and conditions for our clients.
Specialist Areas of Activity Include:
- 100% Finance for Property Developers
- Commercial and Industrial Mortgages
- Bridging Facilities.
- Non-Status / Sub Prime / Self Cert Commercial Mortgages
These Products Extend to The Following Sectors:
- Residential and Commercial Property Development
- Public Houses / Hotels / Restaurants
- Retails Premises / Post Offices
- Industrial Properties
- Offices
- Nursing / Care Homes
- Professional Practises
- Farms / Golf Courses
- Residential and Commercial Investments
- Non-Status / Sub Prime / Self Cert Commercial Mortgages
We are normally able to raise up to 85% ltv for terms up to 40 years either capital repayment or interest only and can accept cases where there are CCJ's, arrears, IVA's and discharged bankruptcy.
If any of our services interest you, complete our enquiry form, see what we can do for you!