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If you’d like to enjoy a fully-managed commercial mortgage application that provides immediate access to the best loans and rates on the market, speak to Enterprise Finance today.
This information is for professional intermediary use only and must not be distributed to potential customers.
Access market-leading rates, with unique, tailored commercial mortgages through Enterprise Finance. We’ll assess cases the high-street can’t and manage your clients’ applications from cradle to grave.
For those looking to purchase or refinance business properties. Enterprise Finance can help navigate the complex world of commercial mortgages.
Bridging loan FAQs
When property (or land) is purchased or used for business purposes, the borrowing may be carried out by a business, individual or partnership. In this instance, you would need to apply for a commercial mortgage.
Limited companies, SPVs, LLPs, partnerships and sole traders are eligible to apply for a commercial mortgage.
Here are just a few examples of what constitutes a commercial property for commercial mortgage purposes:
Minimum loan size varies from lender to lender, but typically is around £50,000
Repayment terms can be up to 25 years.
As with a traditional mortgage, the commercial lender will hold the title deeds to the property as security.
Our experience means that in most cases we will be able to confirm almost immediately whether your client’s application is likely to be successful.
From the initial enquiry to completion, our average turnaround time for a commercial mortgage loan is six to eight weeks.
If you’d like to enjoy a fully-managed commercial mortgage application that provides immediate access to the best loans and rates on the market, speak to Enterprise Finance today.
Enterprise Finance Ltd is authorised and regulated by the Financial Conduct Authority. Firm Reference Number: 302964. Certain types of loans are not regulated, for example loans for business purposes or certain buy-to-lets. Enterprise Finance Ltd is registered with the Information Commissioners Office.
Registration Number: Z6765361 Enterprise Finance Ltd is registered in England and Wales. Company Number: 04440152. Registered Office Address: 3rd Floor, Premiere House, Elstree Way, Borehamwood, Hertfordshire. WD6 1JH.
This information is intended for professional intermediary use only and must not be distributed to potential customers