Commercial Remortgage

If you own commercial premises and are looking to raise additional finance, or you are simply looking for a better rate of interest, then you may find that you could benefit from a commercial remortgage.

A commercial remortage could enable you to release some of the available equity in your commercial property. It could also be a great opportunity to take advantage of more favorable interest rates available on the market.

Switching lender to a more competitive deal could be even more relevant if you and your company’s credit rating have improved since originally taking out the mortgage. This could considerably reduce your monthly repayments.

The rise in the property market has of course affected commercial property as well as residential property. The available equity may be released for any purpose. On a business level, additional finance could be raised for; new stock, new machinery, business expansion & consolidation of business debts.

A commercial remortgage can take advantage of the competitive rates of interest offered on mortgage terms. With security offered to the lender in the form of the business premises, will mean that the rates available will usually be lower than that of a comparable unsecured business loan.

Even if your lender has turned you away before, there is still a good chance that one of our advisors will be able to assist with your application. Even if you or your company has had credit problems in the past, we can still help. Click Here.