Here at Choice Commercial Mortgages we specialise in arranging fast & simple commercial mortgages and re-mortgages to sole traders, partnerships, limited companies and investors.
We combine the experience gained from over 20 years in the lending business, with the most up to date technology and know how available, with the aim of making the customers journey with us as straight forward as possible.
Commercial Mortgage
A Commercial Mortgage can be taken out to help businesses to expand, grow and improve as well as to buy new premises, buy to let or even a Re-Mortgage to raise investment capital.
What can a Commercial Mortgage be used for?
At some point in time many businesses need to expand their premises to incorporate new office or factory floor space. A Commercial Mortgage or Re-Mortgage can be a cost effective way of raising capital for such a major project.
Commercial Mortgages can used for the following:
- Farms
- Pubs, restaurants, night clubs, take-away units
- Shops, shops with living accomodation
- Hotels, guest houses, B&B's, holiday lets
- Industrial units, factories, offices, warehouses
Commercial Mortgages are also used to buy existing businesses consisting of property or land for development. The types of businesses a Commercial Mortgage can be use to buy include pubs, restaurants, night clubs and shops. These are businesses which are normally sold along with the property.
The product can be used for any purpose including:
- New business start-ups
- Business turnaround solutions
- Short Term Finance and debt consolidation
- Working Capital raising
- Property inprovement
- Business expansion
Who are Commercial Mortgages for?
The Commercial Mortgage is a specialist market for many small to medium sized businesses, sole traders, partnerships and self employed, which are often overlooked by the high street lenders.
Your home may be repossessed if you do not keep up repayments on your mortgage. All loans and mortgages are secured on property. Think carefully before securing other debts against your home