What are commercial mortgages?
In this type of finance, a loan is secured against property which will be used solely for business activities, or which represents a business in its entirety.
If you’re looking to fund the acquisition, refinance, or redevelopment of a business property, a commercial mortgage from Access Commercial Finance can help. You can take advantage of our expertise in acquiring and redeveloping a range of properties in the UK, which we will put to use to get you the right mortgage for your needs.
This is a medium to long-term funding solution with terms ranging from 1 to 40 years, and initial deposits of 25-40% required.
Who are commercial mortgages suitable for?
A commercial mortgage can fund the transition to ownership of your business premises, ideal for organisations looking to step away from leasing. It could also facilitate the purchase of property on a buy-to-let basis, where the intent is to make a return on investment via rental income. Taking out a commercial mortgage on a building you already own can unlock the equity contained within if you need cash for other purposes.
In short, this is a flexible and straightforward type of funding. Businesses in a wide range of industries can benefit from a commercial mortgage, as evidenced by our hundreds of happy customers. We work to provide bespoke funding arrangements to each applicant, to help them realise their unique visions: rates and terms are tailored to your needs, not taken off the shelf. You can also enjoy:
Fixed interest rates and no hidden fees
No hidden fees
No early repayment fees
Applications considered from any industry
Flexibility in how you use your loan
Minimal paperwork during application
Weekly or monthly repayments