Commercial Loans, Business Loans, and Property Finance
The client wanted to raise 100% of the purchase price of an additional property plus an extra facility for future refurbishments and purchases.
This was achieved by a partial refinance of his mixed residential, semi commercial and grade 2 listed portfolio using first and second charges – not something that many lenders liked. The loan was placed at 3.6% with a high street lender, giving the client a further draw down facility for future projects.
This was a complicated case as the farm was owned by a family trust. The trustees needed permission to change the property into a residential loan, and so a development loan was used to cover the building cost/conversion of the outbuildings to 3 residential dwellings.
Even bridging lenders don't like debt management and this client needed a regulated first charge bridge to refurbish and sell his home. This was so he could clear his debt management plan and turn his remaining equity to cash for a chance for a fresh start.
Our clients owned their business premises privately and they wanted to buy next door for expansion but also simultaneously transfer ownership of both properties to their pension via a SIPP. This was placed very competitively with a high street lender allowing the client's business to rent the property from their pension fund.
If you have been turned by other lenders you may not have been talking to the right lender for your situation. Get in touch with us today if you are looking for a low-cost commercial loan in the UK or Europe. You have nothing to lose.
Loan Facility Between £25K and £1million
No Valuation Fees
No Solicitors Fees
No Lender Arrangement Fees or ERC
Only Pay Interest On the Balance Outstanding
Can Be Secured On a Second Or Third Charge Over Multiple Properties Up To 75% LTV
5 To 10 Years To Allow Time To Pay The Loan
For More Information Please Phone On: 0120 297 2318
Does your business need funds for supplies, space or to fund growth? The way small and medium size enterprises are being financed is changing. There are now better and faster methods of raising finance for many different types of businesses, and we can help you find the right products for you.
We can source your finance through:
Whatever your circumstances, we are here at Prestige Finance Solutions to find you the answer to your problem.
Loans from: £25,000 to £ 50 million
Terms up to 30 years
Interest rate from: 3.5%
Call us now if you need a low-cost business loan in the UK or Europe.
We can offer you 12 Months of Interest-Free Bridging.
If you are a Property Investor, Development Builder, or Business Owner, who needs cash fast. Conversely, if you are affected by the Pandemic Call Now At 0736 855 956
Broadly the Deal.
We can also arrange development funding for every type of property/commercial developer. We are development finance specialists and can offer quick decisions, flexibility, and unbeatable personal service.
Our expertise, contacts, and resources mean that we are often able to arrange development loans/funding, thus ensuring that your development will run smoothly and to an agreed timescale.
If you are an experienced property developer speak to one of our specialists about ongoing facilities with some market-leading options. Prestige finance solutions can arrange finance for all small & to large-scale residential and commercial property developments.
Whether you are looking for a high street bank loan or a specialist lender to accommodate specific circumstances, it pays to speak to an expert who can understand what you wish to achieve and what is available in the market. We can place “non-status” business loans even with heavy adverse and no proof of income.
Prestige finance solutions have the expertise to find the funds for property deals. We speak directly to all parties involved from the accountants to the solicitors. We'll make sure there are no unnecessary delays. Get in touch with us today if you are looking for property development finance and low-cost loans in the UK and Europe.
Prestige Finance Solutions is authorized by the Financial Conduct Authority. (FCA) Number: 652682