Bad Credit Commercial Mortgage

A bad credit commercial mortgage is available to individuals and businesses with a poor credit rating who wish to purchase business premises. These types of mortgages are also commonly known as ‘Sub-prime’ commercial mortgages.

 

Bad credit commercial mortgages are also available to businesses who wish to restructure and expand their existing business. They can be arranged for limited companies, partnerships, the self employed and sole traders.

 

Extensive proof of income is not always required with exclusive schemes available for self employed borrowers with little or no proof of income.

 

Assistance is at hand to those commercial borrowers with adverse credit histories – It is still possible to secure a commercial mortgage with bad credit such as County Court judgements (CCJs), Individual voluntary arrangements (IVAs), defaults and mortgage arrears.

 

Securing commercial finance has become much more accessible to those wishing to purchase a business in recent years. The cross section of different types of businesses eligible for commercial finance has also opened up – offering new opportunities to those starting up in business which were not on offer a few years ago.

 

Securing the right bad credit commercial mortgage is a very important decision. It is therefore vitally important that you speak to the right people. Enquire to us today by completing our short form. Click Here.