 | Crockstead Park Halland Nr Lewes OIRO £3,000,000 | ||
 | Hambridge Lane, NewburyUnit F and G OIRO £1,200,000 | ||
 | 25,066 sq ft (2,329 sq m) OIRO £975,000 | ||
 | Full Sutton, Yorkshire Potential development site, (stpp) Under Offer | ||
 | Popular area Under Offer | ||
 | village location Under Offer | ||
 | 10,111 sqft (939.38 sq m) Under Offer |
| |
We are pleased to announce the Introduction of
Paul Meade
As our 'in-house' specialist in the field of
For many years banks and lending institutions have dominated control over business finance. Due to the credit crunch lenders are not only reigning in lending criteria’s but also trying to differentiate themselves by operating in specific marketplaces.
Paul has access to a wide panel of lenders who specialise in the funding operation geared to Company Assets and are still to keen to lend. Our panel includes high street (commercial) banks, specialist asset finance institutions, lenders who deal exclusively with brokers and private lenders alike.
Testimonial
“With the assistance of Mr. Meade, we were able to raise additional deposits for our commercial mortgage by way of re-financing unencumbered equipment in our business”
Finance available for;
1. Franchisees
2. Commercial Vehicles
3. IT Equipment
4. Beer Kegs!
5. Construction
6. Manufacturing
7. Shop fitting & Building work
8. Printing Machinery
9. & much more
In the midst of the credit crunch UK borrowers are finding it more difficult to obtain commercial mortgages through traditional sources. However, over recent times new choices have become readily available which have never existed before; one of those is the availability of the new Government Enterprise Guarantee Scheme
NEW GOVERNMENT SCHEME- “available only until March 2010”
Enterprise Finance Guarantee
The credit crunch has opened new avenues to acquire finance. Under the EFG (Enterprise Finance Guarantee Scheme), the Government will guarantee lending to viable businesses to ensure that you can get the working capital and investment you need!
FACTS
1. The Government will support £1.3bn of funds.
2. Lending between 3 & 10 years.
3. Qualifying companies with a turnover of up to £25 million.
4. Finance between £1,000 and £1 million.
5. Available up to 31 March 2010.
Due to the economy, there “has never been a better time to invest in commercial properties” within the UK market. Commercial property is cheaper than they have been for many years, mortgage rates are the lowest in living memory and there could well be a growing imbalance between supply and demand for commercial property. Furthermore here at 1st Commercial Funding we are also offering a summer special initial fee of only £125.00!
How do I take the opportunity of the market?
Once you have chosen your ideal commercial property contact us to arrange your commercial mortgage and take advantage of our new reduced rate. We will then discuss the opportunities available to you and provide you with a competitive product that suits your needs.
Current Financial Restraints?
“Many businesses are still paying too much for their commercial mortgage...” the credit crunch has seen the bank base rate drop to 0.5% - (the lowest rate in history) this means your interest rate will be quoted a percentage above this rate. It is integral to the survival of any business to review mortgage rates on an annual basis. When was the last time you reviewed your commercial mortgage? You could well be spending more than you need to on your mortgage! Call us now to review your own particular set of circumstances.
Remember an exploratory conversation costs you nothing!
Our Lending Facilities include:-
Restructuring and Refinancing
Purchase of new business
Investment purchases (either owner occupied or buy to let)
Commercial Investment for Rural and Retail Properties
Equestrian and Golf Courses
Agricultural Farms and Estates – including diversification
Property Development Finance
The Credit Crunch and the effect on your client(s)
The credit problems are currently having an adverse effect on the lending markets here in the United Kingdom. Many lenders have restricted their LTV limits, reduced their product ranges and/or have pulled out of the Sub Prime lending market altogether.
This has meant that lenders are re-assessing interest rates, which may affect your client’s ability to service their current outstanding commercial loans in the future.
In this climate of “Treating Customers Fairly” it may be prudent to ascertain the financial situation of your commercial clients with a view to making sure that they are adequately protected.
If you wish 1st Commercial Funding to help in any way, simply complete the Decision in Principle form with your client’s details. This will enable us to search the market for a better re-financing option. We will work with you to protect your client’s interests.
However, the relationship that exists between 1st Commercial and our high street lenders has ensured that our current products and interest rates have been unaffected. We are still able to offer interest rates from 2.25% above Bank of England Base Rate.
Having evolved over many years within the financial sector, 1st Commercial Funding is now one of the leaders in the field of commercial financing. With wide ranging expertise in all areas of lending and facilities, we are able to suit the individual needs of all organisations that may be looking to start, expand, refinance or develop their business. We are here to assist you achieve your goal.
Over the years, strong bonds have been formed with all commercial divisions of the lending market place that enable us to submit your own personal requirements on a real and individual basis, thus ensuring a tailor made package designed specifically for you, our Client.
Lenders include all of the household names, such as Nat West, Lloyds TSB, HSBC, Barclays, Royal Bank of Scotland, Alliance and Leicester, Nationwide and many more, together with other leading institutions specialising in all aspects of lending. Whilst we maintain an excellent relationship with all it is, however, never forgotten that our allegiance always remains with you, our Client, and the objective of securing the best the market has to offer.
The best deal for you is our ultimate aim, and we will ensure that your own personal interests will remain paramount in the securing of any facility. Our strength lies in our negotiating ability to ensure you will receive the lowest interest rate possible for your particular set of circumstances, within today's rapidly changing market place.
Whether it is a new venture for you, freehold or leasehold, or an expansion project for your existing company, consolidation through to new development, we have gained the expertise and staff to assist and guide you from enquiry to formal offer.
1st Commercial Funding
The Company to trust with your future!
How Does Factoring Work?
Factoring (and invoice discounting, another form of invoice finance) offers most businesses an added advantage in raising funds or general cash flow assistance by providing cash against unpaid invoices.
Due to the innovative way that borrowed money is secured, factoring frequently allows businesses to borrow larger amounts of money compared to more traditional forms of commercial finance such as bank overdrafts.
Factoring normally works as follows:
Step 1: You perform the service or provide goods as agreed with your client and notify us of the invoice value
Step 2: We source financiers who pay into your bank account up to 90% of the value of the invoice as fast as a couple of days
Step 3: Our financiers collect the payment for you
Step 4: They will pay you the balance of the invoice value
The most common kind of asset financing is to extend loans to purchase:
Benefits of Asset Finance include:
Country Homes
Farms and Estates
Farm Diversification
To include farm shops, holiday lets, leisure and recreational projects
Up to a 25 year term
Interest only available for up to 5 years
All types of projects considered
Golf Courses
Equestrian
Livery, specialised yards, riding schools, racing stables, farm diversification
Up to 25 years term
Interest only available for up to 5 years
Commercial Investment for Rural Commercial and Retail Properties
First Commercial Funding's Property Development Finance offers can be for, property developers, private builders or even self build projects. Our lenders have excellent reputations for their expertise, speed, flexibility and reliability.
Our finance packages offer a higher level of loan to value can be obtained from such specialist lenders than can be obtained from traditional high street banks.
Finance is available for:
Property development finance criteria
A bridging loan can be used for a variety of purposes:
We can offer:
A commercial mortgage can be a cost-effective way to fund many business activities. They can be used to develop an existing business through the purchase of increased office or factory space. A commercial mortgage can be used to buy an existing business with property attached, and can be used to fund investment in land and property used for commercial purposes.
Commercial mortgage interest rates are usually lower than those charged for other types of unsecured business loan and the repayments are usually made over a longer period, making the funding of the loan attractive to some businesses. Repayments can also be fixed, so you know exactly how much the cost will be each month.
Commercial mortgages are available for a wide range of business needs and development properties. They are commonly used to purchase businesses such as restaurants and pubs where the business and property are sold as one. They are also used to fund business growth, typically for the purchase of additional office space. And they can be used to buy land for business development, such as the construction of retail parks and business units.
Another positive is asset appreciation, over the term of your loan it is likely that the value of the building will increase.
100% of the purchase value is obtainable providing there is additional security. Rates start from as little as 2.25% above the bank of england base rate, and adverse accounts and credit history problems can be accounted for.
